Excise First Schedule amendment directs modifications to tariff entries and classifications under the Central Excises Act. Section 49, enacted by the Finance Act, amends the First Schedule to the Central Excises Act by directing that the First Schedule be varied in the manner specified in the Third Schedule, establishing a procedural mechanism for modifying tariff entries and excise classifications.
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Excise First Schedule amendment directs modifications to tariff entries and classifications under the Central Excises Act.
Section 49, enacted by the Finance Act, amends the First Schedule to the Central Excises Act by directing that the First Schedule be varied in the manner specified in the Third Schedule, establishing a procedural mechanism for modifying tariff entries and excise classifications.
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