Tariff revision updates rates in the Seventh Schedule to the Finance Act, adjusting specified tariff items accordingly. Clause 146 amends the Finance Act, 2005 by directing modification of the Seventh Schedule to revise the rates applicable to specified tariff items, ... Summary
Tariff revision updates rates in the Seventh Schedule to the Finance Act, adjusting specified tariff items accordingly.
Clause 146 amends the Finance Act, 2005 by directing modification of the Seventh Schedule to revise the rates applicable to specified tariff items, thereby adjusting statutory tariff rates through schedule amendments while leaving other Act provisions unchanged.
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