Central Excise Tariff amendment revises the First and Second Schedules to adjust tariff classifications and related levy provisions. Amendment updates the statutory tariff framework by altering specified Schedules to the Central Excise Tariff Act. The change directs modification of the First Schedule as set out in the Fourth Schedule and modification of the Second Schedule as set out in the Fifth Schedule, confining the amendment mechanism to schedule revision.
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Central Excise Tariff amendment revises the First and Second Schedules to adjust tariff classifications and related levy provisions.
Amendment updates the statutory tariff framework by altering specified Schedules to the Central Excise Tariff Act. The change directs modification of the First Schedule as set out in the Fourth Schedule and modification of the Second Schedule as set out in the Fifth Schedule, confining the amendment mechanism to schedule revision.
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