Excise tariff revision updates Schedule entries, altering unit and ad valorem duties and refining product classifications. Revisions to the First Schedule of the Central Excises and Salt Act, 1944 substitute new third column duty entries for specified items-altering per unit and ad valorem charges for a range of goods, adjust descriptive entries in the second column for classification precision, insert new tariff items for certain chemical and surface active products with ad valorem duties, and add an explanatory exclusion for electric wires and cables to clarify scope.
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Excise tariff revision updates Schedule entries, altering unit and ad valorem duties and refining product classifications.
Revisions to the First Schedule of the Central Excises and Salt Act, 1944 substitute new third column duty entries for specified items-altering per unit and ad valorem charges for a range of goods, adjust descriptive entries in the second column for classification precision, insert new tariff items for certain chemical and surface active products with ad valorem duties, and add an explanatory exclusion for electric wires and cables to clarify scope.
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