TaxTMI 
TaxTMI 
Seeks to increase the tariff rate on textile products in chapters 50 to 63 in the First Schedule to the Customs tariff Act, 1975
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....ral Government on being satisfied that the import duty leviable on goods, falling under chapters 50 to 63 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), should be increased and that circumstances exist which render it necessary to take immediate action. NOW, therefore, in exercise of the powers conferred by sub-section (1) of section 8A of the said Customs Tariff Act, the Cen....
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.... the tariff items of headings 5109, 5110, 5111, 5112 and 5113, for the figures, "10%", the figures "25%" , shall be substituted; (3) in Chapter 52,- (i) for the entry in column (4) occurring against all the tariff items of headings 5201 and 5202, the entry "25%"shall be substituted; (ii) for the entry in column (4) occurring against all the tariff items of headings 5204, 5205 and 5206, the entr....
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.... (4) occurring against all the tariff items of headings 5501, 5502, 5503 and 5504, the entry "20%"shall be substituted; (ii) for the entry in column (4) occurring against all the tariff items of headings 5505, the entry "25%" shall be substituted; (iii) for the entry in column (4) occurring against all the tariff items of headings 5506, 5507, 5508, 5509 and 5510, the entry "20%"shall be substitu....
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.... (10) in Chapter 59, for the entry in column (4) occurring against all the tariff items, the entry "25%"shall be substituted; (11) in Chapter 60, in the entries, in column (4) occurring against all the tariff items, for the figures, "10%", the figures "25%" , shall be substituted; (12) in Chapter 61, in the entries, in column (4) occurring against all the tariff items, for the figures, "10%", t....