Customs tariff amendment alters First Schedule entries for specified tariff items under the Finance Bill, affecting classification and duties. Clause 62 amends the First Schedule of the Customs Tariff Act by modifying specified tariff entries as set out in the Third Schedule, revising tariff items within certain chapters of the tariff nomenclature and altering the statutory classification entries that determine the application of customs duties.
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Customs tariff amendment alters First Schedule entries for specified tariff items under the Finance Bill, affecting classification and duties.
Clause 62 amends the First Schedule of the Customs Tariff Act by modifying specified tariff entries as set out in the Third Schedule, revising tariff items within certain chapters of the tariff nomenclature and altering the statutory classification entries that determine the application of customs duties.
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