{"act":{"id":"finance-act-2021","short_title":"The Finance Act, 2021","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2021-2022.","act_number":null,"act_year":2021,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":180,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2021/"},"unit":"section","section":{"number":"Fifth Schedule","heading":"Fifth Schedule","text":"THE FIFTH SCHEDULE [See section 105 (i)] In the Fourth Schedule to the Central Excise Act, in Chapter 27, for heading 2709, tariff items 2709 10 00 and 2709 20 00 and the entries relating thereto, the following shall be substituted, namely:-- Tariff Item | Description of goods | Unit | Rate of Duty (1) | (2) | (3) | (4) \"2709 | PETROLEUM OILS AND OILS OBTAINED FROM BITUMINOUS MINERALS, CRUDE 2709 00 | -- Petroleum oils and oils obtained from bituminous minerals, crude 2709 00 10 | --- Petroleum crude | kg. | Re. 1 per tonne 2709 00 90 | --- Other | kg. | ….. \".","html":"<p>THE FIFTH SCHEDULE</p><p>[<i>See </i>section 105 (<i>i</i>)]</p><p>In the Fourth Schedule to the Central Excise Act, in Chapter 27, for heading 2709, tariff items 2709 10 00 and 2709 20 00 and the entries relating thereto, the following shall be substituted, namely:--</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>Tariff Item</td><td>Description of goods</td><td>Unit</td><td></td><td>Rate of Duty</td></tr><tr><td>(<i>1</i>)</td><td>(<i>2</i>)</td><td>(<i>3</i>)</td><td></td><td>(<i>4</i>)</td></tr><tr><td>\"2709</td><td>PETROLEUM OILS AND OILS OBTAINED FROM BITUMINOUS MINERALS, CRUDE</td><td></td><td></td><td></td></tr><tr><td>2709 00</td><td>-- <i>Petroleum oils and oils obtained from bituminous minerals, crude</i></td><td></td><td></td><td></td></tr><tr><td>2709 00 10</td><td>--- Petroleum crude</td><td>kg.</td><td></td><td>Re. 1 per tonne</td></tr><tr><td>2709 00 90</td><td>--- Other</td><td>kg.</td><td></td><td>….. \".</td></tr></table></div>","words":110,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2021/section/Fifth%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."}