Excise duty on cigarettes specified as ad valorem under amended Additional Duties of Excise schedule. The amendment replaces sub-item (2) under II. Manufactured tobacco in the First Schedule to the Additional Duties of Excise (Goods of Special Importance) ... Summary
Excise duty on cigarettes specified as ad valorem under amended Additional Duties of Excise schedule.
The amendment replaces sub-item (2) under II. Manufactured tobacco in the First Schedule to the Additional Duties of Excise (Goods of Special Importance) Act, 1957, so that "(2) Cigarettes Twenty-five per cent. ad valorem" is the operative entry, thereby specifying the ad valorem duty treatment of cigarettes.
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