Deemed manufacture: amendment expands Third Schedule to include specified tariff items as deemed manufacture under the Central Excise Act. The Bill inserts S.No. 26A in the Third Schedule via the Sixth Schedule to bring specified tobacco tariff items within deemed manufacture under sub-clause ... Summary
Deemed manufacture: amendment expands Third Schedule to include specified tariff items as deemed manufacture under the Central Excise Act.
The Bill inserts S.No. 26A in the Third Schedule via the Sixth Schedule to bring specified tobacco tariff items within deemed manufacture under sub-clause (iii) of clause (f) of section 2, thereby treating those tariff items as manufacture for the purposes of the Central Excise Act.
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