Tariff rate revisions update excise duties across multiple sub headings, altering column (4) entries and interpretation rules. The Finance Act, 1993 amends the Third Schedule to the Central Excise Tariff by revising rule 5 to prioritise Sub heading Notes and Chapter and Section Notes, and by substituting new entries in column (4) against numerous sub heading numbers across Chapters 15-96. These substitutions impose specified ad valorem rates, specific per unit duties, and combined duty formulas for identified commodities. The Schedule also adds a note in Chapter 72 declaring that hardening or tempering of flat rolled products amounts to manufacture.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tariff rate revisions update excise duties across multiple sub headings, altering column (4) entries and interpretation rules.
The Finance Act, 1993 amends the Third Schedule to the Central Excise Tariff by revising rule 5 to prioritise Sub heading Notes and Chapter and Section Notes, and by substituting new entries in column (4) against numerous sub heading numbers across Chapters 15-96. These substitutions impose specified ad valorem rates, specific per unit duties, and combined duty formulas for identified commodities. The Schedule also adds a note in Chapter 72 declaring that hardening or tempering of flat rolled products amounts to manufacture.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
