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SectionSeventh Schedule
The Finance Act, 2016

Seventh Schedule

In force As on 11 Oct 2026

Ministry Finance Enacted 27 Jun 2016

Section Seventh Schedule of the Finance Act, 2016 deals with seventh Schedule. THE SEVENTH SCHEDULE [See section 146 (i)] In the First Schedule to the Central Excise Tariff Act,— (a) | in Chapter 22, for the entries in column (4) occurring against tariff items 2202 10 10, 2202 10 20 and 2202 10 90, the entry "21%" shall be substituted; The Act was enacted on 27 Jun 2016.

THE SEVENTH SCHEDULE

[See section 146 (i)]

In the First Schedule to the Central Excise Tariff Act,—

(a)in Chapter 22, for the entries in column (4) occurring against tariff items 2202 10 10, 2202 10 20 and 2202 10 90, the entry "21%" shall be substituted;
(b)in Chapter 24,—
(i)for the entries in column (4) occurring against tariff items 2401 10 10, 2401 10 20, 2401 10 30, 2401 10 40, 2401 10 50, 2401 10 60, 2401 10 70, 2401 10 80, 2401 10 90, 2401 20 10, 2401 20 20, 2401 20 30, 2401 20 40, 2401 20 50, 2401 20 60, 2401 20 70, 2401 20 80 and 2401 20 90, the entry "64%" shall be substituted;
(ii)for the entry in column (4) occurring against tariff items 2402 10 10 and 2402 10 20, the entry "12.5% or Rs. 3755 per thousand whichever is higher" shall be substituted;
(iii)for the entry in column (4) occurring against tariff item 2402 90 10, the entry "Rs. 3755 per thousand" shall be substituted;
(iv)for the entry in column (4) occurring against tariff items 2402 90 20 and 2402 90 90, the entry "12.5% or Rs. 3755 per thousand, whichever is higher" shall be substituted;
(v)for the entries in column (4) occurring against tariff items 2403 19 29, the entry "Rs. 80 per thousand" shall be substituted;
(vi)for the entries in column (4) occurring against tariff items 2403 99 10, 2403 99 30 and 2403 99 90, the entry "81%" shall be substituted.
(c)in Chapter 27, in the Supplementary Note,—
(i)in clause (e), for the figures "1460:2000", the figures "1460:2005" shall be substituted;
(ii)in clause (f), for the figures "1460", the figures "15770:2008" shall be substituted;
(d)in Chapter 58, in heading 5801,—
(i)in sub-heading 5801 37, the entry in column (2) "- - - Warp pile fabrics, 'epingle' (uncut):" shall be omitted;
(ii)for tariff items 5801 37 11 and 5801 37 19 and the entries relating thereto, the following shall be substituted, namely:—
(1)(2)(3)(4)
"5801 37 10- - - Warp pile fabrics, uncutm²12.5%";
(e)in Chapter 71, in heading 7104, for the tariff item 7104 90 00 and the entries relating thereto, the following shall be substituted, namely:—
(1)(2)(3)(4)
"7104 90- Other:
7104 90 10- - - Laboratory-created or laboratory grown or manmade or cultured or synthetic diamondsc/k12.5%
7104 90 90- - - Otherkg.12.5%";
(f)in Chapter 85, in heading 8525, the tariff item 8525 50 50 and the entries relating thereto shall be omitted.
Seventh Schedule, The Finance Act, 2016.

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

This section refers to

  1. s. 146 Amendment of First Schedule

Questions about Section Seventh Schedule

What does Section Seventh Schedule of the Finance Act deal with?

Section Seventh Schedule of the Finance Act is headed "Seventh Schedule". THE SEVENTH SCHEDULE [See section 146 (i)] In the First Schedule to the Central Excise Tariff Act,— (a) | in Chapter 22, for the entries in column (4) occurring against tariff items 2202 10 10, 2202 10 20 and 2202 10 90, the entry "21%" shall be substituted;

How do I find court cases under Section Seventh Schedule of the Finance Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act 2016 Seventh Schedule, section Seventh Schedule Finance Act 2016, section Seventh Schedule of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section Seventh Schedule of the Finance Act, and has it changed?

Its own text turns on section 146 (Amendment of First Schedule), so none of them can safely be read on its own.

When was Section Seventh Schedule of the Finance Act enacted?

Section Seventh Schedule of the Finance Act, cited as Finance Act 2016 Seventh Schedule, was enacted on 27 Jun 2016. It is in force as at the date shown on this page.

Other sections of this Act

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