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Statutory Provisions

Home Acts & Rules Bill Bills FINANCE BILL, 2016 Chapters List Chapter IV Excise Tariff This

Clause 143 - Amendment of First Schedule - FINANCE BILL, 2016

FINANCE BILL, 2016
Chapter IV
Excise Tariff
  • Contents

Excise Tariff

Amendment of First Schedule

143. 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––

(i) in the manner specified in the Seventh Schedule;

(ii) in the manner specified in the Eighth Schedule, with effect from the 1st day of January, 2017.

 



 

Notes on Clauses:

Clause 143 seeks to amend the First Schedule to the Central Excise Tariff Act.

Sub-clause (i) thereof seeks to amend the First Schedule in the manner specified in the Seventh Schedule so as to insert and amend certain entries therein.

Sub-clause (ii) thereof seeks to amend the First Schedule in the manner specified in the Eighth Schedule so as to harmonise the First Schedule to the Central Excise Tariff Act with Harmonised System of Nomenclature with effect from the 1st day of January, 2017.

 

 
 
 
 

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