Tariff amendment increases duties on specified filter cigarettes and adds a new category with higher duty. Amendment to the Seventh Schedule of the Finance Act, 2005 substitutes revised descriptive entries and specific per-thousand duty rates for existing ... Summary
Tariff amendment increases duties on specified filter cigarettes and adds a new category with higher duty.
Amendment to the Seventh Schedule of the Finance Act, 2005 substitutes revised descriptive entries and specific per-thousand duty rates for existing tariff items covering filter cigarettes distinguished by length, and inserts an additional tariff item describing a longer cigarette length band with its prescribed rate, thereby reclassifying products by length and assigning discrete duty rates.
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