Schedule amendment to finance legislation updates tariff items and receives immediate provisional effect pending full enactment Clause 86 amends the Seventh Schedule to the Finance Act by implementing the Twelfth Schedule changes to specified tariff entries in Chapter 24. A ... Summary
Schedule amendment to finance legislation updates tariff items and receives immediate provisional effect pending full enactment
Clause 86 amends the Seventh Schedule to the Finance Act by implementing the Twelfth Schedule changes to specified tariff entries in Chapter 24. A provisional declaration provides that Clause 86 takes immediate effect under the provisional tax collection regime, making the revised tariff entries operative on a provisional basis pending final enactment.
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