119. Periodical stock taking and levy of duty on excess deficiency.
- The Superintendent of Excise, or in his absence, the Officer-in-charge of the distillery or warehouse will take stock of all spirit in the warehouse on the last day of March, June, September and December in each year or on the last preceding open day if the last day be a Sunday or holiday prescribed under Rule 115 and the distiller or licensee shall pay to the Government duty at the rate imposed under the Act.
