Tariff adjustments standardize excise duty entries and restructure classification, altering duty incidence on listed goods. The Schedule effects substitutions of excise duty entries for numerous specified sub-headings by replacing the column(4) duty entries with newly specified percentages, omits certain sub-headings, and inserts new heading and sub-heading entries into the Second Schedule establishing tariff lines and an 8% duty for listed cement products, tiles, textile coverings, certain vehicles, vessels and specified arms and munitions.
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Tariff adjustments standardize excise duty entries and restructure classification, altering duty incidence on listed goods.
The Schedule effects substitutions of excise duty entries for numerous specified sub-headings by replacing the column(4) duty entries with newly specified percentages, omits certain sub-headings, and inserts new heading and sub-heading entries into the Second Schedule establishing tariff lines and an 8% duty for listed cement products, tiles, textile coverings, certain vehicles, vessels and specified arms and munitions.
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