Customs tariff amendments revise First Schedule to change tariff rates, align entries with excise nomenclature and HS. Amendment of the First Schedule to the Customs Tariff Act implements three staged changes: tariff rate revisions and item changes specified in the Second Schedule effective early February 2021; alignment of tariff entries with the Central Excise Act via the Third Schedule effective 1 April 2021; and harmonisation with the Harmonised System plus creation of new tariff lines under the Fourth Schedule effective 1 January 2022, each substituting or inserting specified entries and rates into the First 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.
Customs tariff amendments revise First Schedule to change tariff rates, align entries with excise nomenclature and HS.
Amendment of the First Schedule to the Customs Tariff Act implements three staged changes: tariff rate revisions and item changes specified in the Second Schedule effective early February 2021; alignment of tariff entries with the Central Excise Act via the Third Schedule effective 1 April 2021; and harmonisation with the Harmonised System plus creation of new tariff lines under the Fourth Schedule effective 1 January 2022, each substituting or inserting specified entries and rates into the First Schedule.
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 
