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Excise duty changes: comprehensive tariff reclassification and revised duty treatment for manufactured goods and textiles. Amendments revise the First Schedule of the Central Excises and Salt Act to change duty classifications and rates, insert new tariff Items for prepared foods, chemicals, fertilizers, pumps, domestic electrical appliances and textile categories, and to redefine cotton, silk, woollen and rayon fabric scopes with explanatory rules on base fabrics, embroidery, impregnation/coating and yarn count determinations, thereby prescribing when ad valorem or specific duties apply and how compounded duties on processed fabrics are to be calculated.
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Excise duty changes: comprehensive tariff reclassification and revised duty treatment for manufactured goods and textiles.
Amendments revise the First Schedule of the Central Excises and Salt Act to change duty classifications and rates, insert new tariff Items for prepared foods, chemicals, fertilizers, pumps, domestic electrical appliances and textile categories, and to redefine cotton, silk, woollen and rayon fabric scopes with explanatory rules on base fabrics, embroidery, impregnation/coating and yarn count determinations, thereby prescribing when ad valorem or specific duties apply and how compounded duties on processed fabrics are to be calculated.
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