{"act":{"id":"finance-act-2015","short_title":"The Finance Act, 2015","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2015-2016.","act_number":"20","act_year":2015,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":165,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2015/"},"unit":"section","section":{"number":"Second Schedule","heading":"Second Schedule","text":"THE SECOND SCHEDULE (See section 91) In the First Schedule to the Customs Tariff Act,— (1) | in Chapter 27, for the entry in column (4), occurring against tariff item 2701 12 00, the entry \"10%\" shall be substituted; (2) | in Chapter 72, for the entry in column (4) occurring against all the tariff items, the entry \"15%\" shall be substituted; (3) | in Chapter 73, for the entry in column (4) occurring against all the tariff items, the entry \"15%\" shall be substituted; (4) | in Chapter 87, for the entry in column (4) occurring against all the tariff items of headings 8702 and 8704, the entry \"40%\" shall be substituted.","html":"<p>THE SECOND SCHEDULE</p><p><i>(See </i>section 91)</p><p>In the First Schedule to the Customs Tariff Act,—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(1)</td><td></td><td>in Chapter 27, for the entry in column (4), occurring against tariff item 2701 12 00, the entry \"10%\" shall be substituted;</td></tr><tr><td>(2)</td><td></td><td>in Chapter 72, for the entry in column (4) occurring against all the tariff items, the entry \"15%\" shall be substituted;</td></tr><tr><td>(3)</td><td></td><td>in Chapter 73, for the entry in column (4) occurring against all the tariff items, the entry \"15%\" shall be substituted;</td></tr><tr><td>(4)</td><td></td><td>in Chapter 87, for the entry in column (4) occurring against all the tariff items of headings 8702 and 8704, the entry \"40%\" shall be substituted.</td></tr></table></div>","words":113,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2015/section/Second%20Schedule/","note":null,"source_note":"Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument.","judgments_note":"Judgment holdings are the ratio decidendi as extracted from the order by eCourts India, reproduced unaltered. Reported judgments only.","licence":"Published with commentary and other original matter under s.52(1)(q)(ii), Copyright Act 1957."}