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        Clause 163 - Amendment of Second Schedule

        Finance Bill, 2015
        Chapter IX PART IV
        AMENDMENT TO THE FINANCE (No.2) ACT, 1998

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        Additional duty on petrol amended to increase the rate via substitution in the Second Schedule. Clause 163 of the Finance Bill, 2015 amends the Second Schedule to the Finance (No.2) Act, 1998 by substituting the entry in column (3) that sets the additional duty on motor spirit (petrol), thereby increasing the additional duty of customs and additional duty of excise applicable to petrol through textual substitution in the Second Schedule.
                          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.

                                Additional duty on petrol amended to increase the rate via substitution in the Second Schedule.

                                Clause 163 of the Finance Bill, 2015 amends the Second Schedule to the Finance (No.2) Act, 1998 by substituting the entry in column (3) that sets the additional duty on motor spirit (petrol), thereby increasing the additional duty of customs and additional duty of excise applicable to petrol through textual substitution in the Second Schedule.


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