Tariff classification of certain motor vehicles prescribes a specified customs duty rate under the Finance Bill. The Eleventh Schedule to the Finance Bill lists goods falling under heading 8703 of the First Schedule to the Central Excise Tariff Act, 1985 and ... Summary
Tariff classification of certain motor vehicles prescribes a specified customs duty rate under the Finance Bill.
The Eleventh Schedule to the Finance Bill lists goods falling under heading 8703 of the First Schedule to the Central Excise Tariff Act, 1985 and prescribes the applicable customs duty rate for those goods, identifying the taxable description and setting the rate within the statutory schedule framework.
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