Tariff rate revisions update excise classifications and add manufacture definition notes, altering duties across multiple commodity headings. The Finance Act, 2010 amends the First Schedule to the Central Excise Tariff Act by substituting revised rates of duty and revised descriptions for numerous tariff items across multiple chapters, notably reclassifying cigarette tariff items and prescribing specific duties, inserting paraffin wax distinctions by oil content, standardising rate entries for extensive textile and allied headings, and adding notes in Chapters 68 and 76 that certain converting or drawing processes shall amount to 'manufacture'.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tariff rate revisions update excise classifications and add manufacture definition notes, altering duties across multiple commodity headings.
The Finance Act, 2010 amends the First Schedule to the Central Excise Tariff Act by substituting revised rates of duty and revised descriptions for numerous tariff items across multiple chapters, notably reclassifying cigarette tariff items and prescribing specific duties, inserting paraffin wax distinctions by oil content, standardising rate entries for extensive textile and allied headings, and adding notes in Chapters 68 and 76 that certain converting or drawing processes shall amount to "manufacture".
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
