Amendment to central excise tariff updates tariff law through schedule-specified modifications under the finance enactment. Section 112 mandates amendment of the Central Excise Tariff Act, 1985, by implementing the specific alterations set out in the Fourth Schedule, thereby modifying the statutory excise tariff provisions under the Finance (No. 2) Act, 1998.
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Amendment to central excise tariff updates tariff law through schedule-specified modifications under the finance enactment.
Section 112 mandates amendment of the Central Excise Tariff Act, 1985, by implementing the specific alterations set out in the Fourth Schedule, thereby modifying the statutory excise tariff provisions under the Finance (No. 2) Act, 1998.
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