Tariff schedule amendment revises excise duty rates under the Central Excise Tariff Act via Finance Bill provision. Clause 118 of the Finance Bill, 2017 proposes an amendment to the First Schedule of the Central Excise Tariff Act, 1985 by implementing the changes set ... Summary
Tariff schedule amendment revises excise duty rates under the Central Excise Tariff Act via Finance Bill provision.
Clause 118 of the Finance Bill, 2017 proposes an amendment to the First Schedule of the Central Excise Tariff Act, 1985 by implementing the changes set out in the Fifth Schedule, thereby revising tariff rates applicable to specified tariff items and modifying the excise duty entries in the schedule.
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