Notes on clauses - Central Excise Tariff

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.... the classification of certain entries with that of revised ISRI code of classification;            (b) incorporate changes in description of certain tariff items;            (c) revise tariff rates in respect of certain tariff items;           &....

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....covery of duty of excise during the period commencing from the 29th June, 2010 and ending with the date on which the Finance Bill, 2012 receives the assent of the President.      It further seeks to provide a time limit of one month to pay the duty of excise and in case of failure, interest at the rate of twenty-four per cent. per annum shall be payable along with the duty o....