TaxTMI 
TaxTMI 
Second Schedule
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....er cent. ad valorem", the words and figures "Rs. 7.50 per kilogram or 55 per cent. ad valorem" shall be substituted; (iv) in Items Nos. 63, 63(1), 63(4), 63(5), 63(11), 63(13), 63(23), 63(26) and 63(35), for the figures and words "20 per cent. ad valorem" in the entry against each of them in the fourth column, the figures and words "25 per cent. ad valorem" shall be substituted; (v) in Item No. 63(6),-- (1) for the entry in the fourth column against sub-item (i), the following entry shall be substituted, namely:-- "15 per cent. ad valorem."; (2) for the entry in the fourth column against sub-item (ii), the following entry shall be substituted, namely:-- "Rs. 74-00 per tonne plus 5 per cent. ad valorem."; (vi) in Item No. 63(8), for the entry in the fourth column, the entry "Rs. 5.00 per tonne or 20 per cent. ad valorem, whichever is higher, plus 5 per cent. ad valorem" shall be substituted; (vii) in Item No. 63(9), for the entry in the fourth column, the entry "Rs. 60.00 per tonne plus 5 per cent. ad valorem" shall be substituted; (viii) in Item No. 63(10),-- (1) for the words and figures....
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....y "50 per cent. ad valorem" shall be substituted; and (xviii) in Item No. 75(1), for the entry in the fourth column, the entry "150 per cent. ad valorem" shall be substituted, Part II Item No. Name of Article Nature of duty Standard rate of duty Preferential rate of duty if the article is the produce or manufacture of Duration of protective rates of duty The United Kingdom A British Colony 1 2 3 4 5 6 7 In the First Schedule to the Tariff Act,-- (i) for Item No. 22(5) (b), the following Item shall be substituted, namely:-- "22(5)(b) Drugs and medicines containing spirit- (i) entered in such a manner as to indicate that the strength is not to be rested. Preferential Revenue. Rs. 12.00 per liter or 50 per cent. ad valorem, whichever is higher, plus Rs. 5.00 per liter. Rs. 11.10 per liter or 40 per cent. ad valorem, whichever is higher, plus Rs. 5.00 per liter. Rs. 11.10 per liter or 40 per cent. ad valorem, whichever is higher, plus. Rs. 5.00 per liter. .. (ii) not so entered. Preferential Revenue. Rs. 9.00 per liter of the strength of London proof or 50 per cent. ad valorem, whichever is higher, plus the excise duty for the tim....
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.... it this entry had not been inserted. . . . . . . 28(37) Patent or proprietary medicines not containing alcohol, opium, Indian hemp or other narcotic drugs or other narcotics other than those medicines which are exclusively Ayurvedic, Unani, Sidha of Homoeopathic, Revenue The excise duty for the time being leviable on like articles if produced or manufactured in India, and where such duty is leviable at different rates, the highest duty; and the duty to leviable shall be in addition to the duty which would have been levied if this entry had not been inserted. . . . . . . Explanation.-For the purposes of this item "patent or proprietary medicines " means any drug or medicinal preparation, in whatever form, for use in the internal or external treatment of, or for the prevention of aliments in, human beings or animals, which bean either' on itself or on its container or both; a name which is not specified in a monograph in a Pharmacopoeia) Formulary or other publications notified in this behalf by the Central Government in the Official Gazette, or which is a brand name, that is, a name or a registered trade mark under the Trade and Merchandise Marks Act, 1958(....
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....(including cloth, bags, twist, yarn, rope and twine). Revenue The excise duty for the time being leviable on like articles if produced or manufactured in India, and where such duty is leviable at different rates, the highest duty; and the duty go leviable shall be in addition to the duty which would have been levied if this entry had not been inserted. . . . . . . (vii) after Item No. 58(1), the following Item shall be inserted, namely:-- "58(1A) Asbestos-cement products, all sorts, including flat and corrugated sheets, pipes and tubes and tiles. Revenue The excise duty for the time being leviable on like articles if produced or manufactured in India, and where such duty is leviable at different rates, the highest duty; and the duty so leviable shall be in addition to the duty which would have been levied if this entry bad not been inserted. . . . . . . (viii) for item No. 63(16), the following item shall be substituted, namely:-- "63(16) Iron or steel washers, all sorts, and iron or steel nails, all sorts, including wire nails and panel pins. Revenue 55 Per cent ad valorem. . . . . . . (ix) after Item No. 63(20), the following Item shall be inserted....
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....d evaporative type of coolers. (3) parts of refrigerating and air-conditioning appliances ' and machinery, all sorts. Revenue The excise duty for the time being leviable on like articles if produced or manufactured in India, and where such-duty is leviable at different rates, the highest duty; and the duty so leviable shall be in addition to the duty which would have been levied If this entry had not been inserted. . . . . . . (xiii) in Section XVI, after Item No. 73(23), the following Items shall be inserted, namely:-- "73(24.) Electric wires and cables, all sorts, not falling under Item 63(36). Revenue The excise duty for the time being leviable on like articles if produced or manufactured in India and where such duty is leviable at different rates, the highest duty and the duty so leviable shall be in addition to the duty which would have been levied if this entry had not been inserted. . . . . . . (xiv) in Section XVIII, after Item No. 79, the following Item shall be inserted, namely:-- "79 (1) Gramophones, including record players, whether mechanically or electrically driven, and with acoustic, electronic or transistorised systems of reproduction....