{"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":"Seventh Schedule","heading":"Seventh Schedule","text":".\nTHE SEVENTH SCHEDULE [See  section 125 (1)] Item No. | Description of goods | Rate (1) | (2) | (3) 1. | Motor spirit commonly known as petrol | Rs. 2.50 per litre 2. | High speed diesel | Rs. 4.00 per litre","html":"<p>.\nTHE SEVENTH SCHEDULE</p><p>[<i>See </i> section 125 (<i>1</i>)]</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>Item No.</td><td>Description of goods</td><td>Rate</td></tr><tr><td>(<i>1</i>)</td><td>(<i>2</i>)</td><td>(<i>3</i>)</td></tr><tr><td>1.</td><td>Motor spirit commonly known as petrol</td><td>Rs. 2.50 per litre</td></tr><tr><td>2.</td><td>High speed diesel</td><td>Rs. 4.00 per litre</td></tr></table></div>","words":44,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2021/section/Seventh%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."}