Excise schedule amendment: Finance Act directs specified changes to the First Schedule affecting indirect excise duties. Amendment to the Additional Duties of Excise (Goods of Special Importance) Act, 1957 modifies the First Schedule by reference to provisions set out in the Seventh Schedule of the amending statute, effectuating a statutory change to the schedule of excise duties within the indirect tax framework.
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Excise schedule amendment: Finance Act directs specified changes to the First Schedule affecting indirect excise duties.
Amendment to the Additional Duties of Excise (Goods of Special Importance) Act, 1957 modifies the First Schedule by reference to provisions set out in the Seventh Schedule of the amending statute, effectuating a statutory change to the schedule of excise duties within the indirect tax framework.
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