Additional duty amendments impose a uniform per area surcharge on numerous textile and sugar tariff entries. The Fourth Schedule to the Finance Act, 1986 substitutes multiple tariff headings and sub headings in the First Schedule to the Additional Duties of Excise Act to revise commodity descriptions and standardise additional duty rates. Numerous textile, yarn and fabric entries are reworded for fibre composition and brand valuation, and many sub headings are replaced by value banded sub headings that uniformly impose an additional duty of 10% plus Rs. 5 per square metre, with two entries adding specified per square metre surcharges to prior percentage rates.
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Provisions expressly mentioned in the judgment/order text.
Additional duty amendments impose a uniform per area surcharge on numerous textile and sugar tariff entries.
The Fourth Schedule to the Finance Act, 1986 substitutes multiple tariff headings and sub headings in the First Schedule to the Additional Duties of Excise Act to revise commodity descriptions and standardise additional duty rates. Numerous textile, yarn and fabric entries are reworded for fibre composition and brand valuation, and many sub headings are replaced by value banded sub headings that uniformly impose an additional duty of 10% plus Rs. 5 per square metre, with two entries adding specified per square metre surcharges to prior percentage rates.
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