Central Excise Tariff
Amendment of First Schedule.
141. In the Central Excise Tariff Act, 1985 (5 of 1986) (hereinafter referred to as the Central Excise Tariff Act), the First Schedule shall be amended in the manner specified in the Seventh Schedule.
Notes on Clauses:
Clause 141 of the Bill seeks to amend the First Schedule to the Central Excise Tariff Act in the manner specified in the Seventh Schedule so as to,-
(a) align 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;
(d) insert Chapter Notes relating to classification of certain tariff items and to deem that certain processes shall amount to manufacture.