Excise duty schedule revision updates First Schedule entries and adds a new semi-finished steel sub-item with revised charges. The Finance Act, 1963 amends the First Schedule of the Central Excises and Salt Act, 1944 by substituting revised third-column excise duty entries for multiple tariff items - including unmanufactured and manufactured tobacco, several kilolitre- and metric-tonne assessed commodities, quintal- and kilogram-assessed agricultural and mineral products, and various paint sub-items - omitting certain descriptive phrases in paint entries. It also renumbers Item No. 26AA sub-item (i) as (ia) and inserts a new sub-item (i) covering semi-finished steel with a specified per-metric-tonne charge plus the duty on steel ingots.
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Excise duty schedule revision updates First Schedule entries and adds a new semi-finished steel sub-item with revised charges.
The Finance Act, 1963 amends the First Schedule of the Central Excises and Salt Act, 1944 by substituting revised third-column excise duty entries for multiple tariff items - including unmanufactured and manufactured tobacco, several kilolitre- and metric-tonne assessed commodities, quintal- and kilogram-assessed agricultural and mineral products, and various paint sub-items - omitting certain descriptive phrases in paint entries. It also renumbers Item No. 26AA sub-item (i) as (ia) and inserts a new sub-item (i) covering semi-finished steel with a specified per-metric-tonne charge plus the duty on steel ingots.
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