Amendment of Act 18 of 2005
110. In the Finance Act, 2005,—
(a) in section 85, in the marginal heading, for the brackets and words “(pan masala and certain tobacco products)’’, the words “on certain goods” shall be substituted;
(b) the Seventh Schedule shall be amended in the manner specified in the Ninth Schedule.
Notes on Clauses:
Clause 110 of the Bill seeks to amend the marginal heading of section 85 of the Finance Act, 2005 and also the Seventh Schedule thereto in the manner specified in the Ninth Schedule so as to impose a surcharge of 5 per cent. on aerated waters and other waters containing added sugar and to omit the tariff item 2402 20 60 relating to filter cigarettes.
