Amendment to Third Schedule alters excise classification via Fifth and Sixth Schedule changes, with later commencement for some provisions. Amendment to the Central Excise statutory framework modifies the Third Schedule by implementing changes as specified in the Fifth Schedule and by implementing changes as specified in the Sixth Schedule, the latter operating from a later effective date under the Finance Act, 2016 and relating to excise classification and schedule restructuring.
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Amendment to Third Schedule alters excise classification via Fifth and Sixth Schedule changes, with later commencement for some provisions.
Amendment to the Central Excise statutory framework modifies the Third Schedule by implementing changes as specified in the Fifth Schedule and by implementing changes as specified in the Sixth Schedule, the latter operating from a later effective date under the Finance Act, 2016 and relating to excise classification and schedule restructuring.
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