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        F. Acts / Amendment Acts

        SCHEDULE 02 - Second Schedule

        Finance Act, 2001
        Schedules SCH
        SCHEDULE

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        Customs duty revisions replace tariff entries with revised ad valorem and specific-or-higher rates affecting listed HS subheadings. The Schedule amends the First Schedule to the Customs Tariff Act by substituting revised tariff entries for numerous HS sub headings. It prescribes new ad valorem percentages for certain headings, and for many textile, apparel and related items replaces column (4) with combined ad valorem or specific duties (per kg, per sq. mtr., or per piece), applying the higher amount; a few entries set 'Free' or percentage minus fixed amount formulations.
                          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.

                                Customs duty revisions replace tariff entries with revised ad valorem and specific-or-higher rates affecting listed HS subheadings.

                                The Schedule amends the First Schedule to the Customs Tariff Act by substituting revised tariff entries for numerous HS sub headings. It prescribes new ad valorem percentages for certain headings, and for many textile, apparel and related items replaces column (4) with combined ad valorem or specific duties (per kg, per sq. mtr., or per piece), applying the higher amount; a few entries set "Free" or percentage minus fixed amount formulations.





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                                ActsIncome Tax
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