Tariff amendment: new tobacco product classifications added with an imposed customs duty rate and an updated statutory cross-reference. The Seventh Schedule to the Finance Act, 2001 is amended to insert two new tariff items classifying tobacco-containing and other tobacco-derived products under headings 2404 11 00 and 2404 19 00 with a specified ad valorem customs duty rate, and to substitute an existing statutory cross-reference in the Schedule to point to a different section of the Act.
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Tariff amendment: new tobacco product classifications added with an imposed customs duty rate and an updated statutory cross-reference.
The Seventh Schedule to the Finance Act, 2001 is amended to insert two new tariff items classifying tobacco-containing and other tobacco-derived products under headings 2404 11 00 and 2404 19 00 with a specified ad valorem customs duty rate, and to substitute an existing statutory cross-reference in the Schedule to point to a different section of the Act.
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