Excise duty on manufactured tobacco revised to a higher ad valorem rate plus a fixed specific duty. The Finance Act, 1981 amends the First Schedule to the Additional Duties of Excise (Goods of Special Importance) Act, 1957 by substituting the ... Summary
Excise duty on manufactured tobacco revised to a higher ad valorem rate plus a fixed specific duty.
The Finance Act, 1981 amends the First Schedule to the Additional Duties of Excise (Goods of Special Importance) Act, 1957 by substituting the third-column entry against sub-item (2) under "II. Manufactured tobacco" to prescribe a combined ad valorem duty together with a fixed specific duty per thousand units.
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