Third Schedule
Section Third Schedule of the Finance Act, 2016 deals with third Schedule. THE THIRD SCHEDULE [See section 141(i)] In the First Schedule to the Customs Tariff Act,–– (1) in Chapter 27, in the Supplementary Note,–– (a) | in clause (e), for the figures "1460:", the figures "1460:" shall be substituted; The Act was enacted on 27 Jun 2016.
THE THIRD SCHEDULE
[See section 141(i)]
In the First Schedule to the Customs Tariff Act,––
(1) in Chapter 27, in the Supplementary Note,––
(a) in clause (e), for the figures "1460:2000", the figures "1460:2005" shall be substituted; (b) in clause (f), for the figures "1460", the figures "15770:2008" shall be substituted; (2) in Chapter 40,––
(a) for the entry in column (4) occurring against tariff item 4016 95 90, the entry "20%" shall be substituted; (b) for the entry in column (4) occurring against tariff item 4016 99 90, the entry "20%" shall be substituted; (3) in Chapter 58, in heading 5801,–
(a) in sub-heading 5801 37, the entry in column (2) "--- Warp pile fabrics, 'epingle' (uncut):" shall be omitted; (b) 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) (5) "5801 37 10 --- Warp pile fabrics, uncut m² 10% or Rs.140 per sq. metre whichever is higher -"; (4) in Chapter 71,—
(a) 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) (5) "7104 90 - Other: 7104 90 10 --- Laboratory-created or laboratory grown or manmade or cultured or synthetic diamonds c/k 10% - 7104 90 90 --- Other kg. 10% -";
(b) for the entry in column (4) occurring against all the tariff items of heading 7117, the entry "15%" shall be substituted; (5) in Chapter 76, for the entry in column (4) occurring against all tariff items of headings 7601, 7603, 7604, 7605, 7606 and 7607, the entry "7.5%" shall be substituted;
(6) in Chapter 79, for the entry in column (4) occurring against all tariff items of sub-heading 7901 20, the entry "7.5%" shall be substituted;
(7) in Chapter 84,––
(i) for the entry in column (4) occurring against all tariff items of heading 8402, the entry "10%" shall be substituted; (ii) for the entry in column (4) occurring against all tariff items of heading 8404, the entry "10%" shall be substituted; (iii) for the entry in column (4) occurring against all tariff items (except tariff item 8406 10 00) of heading 8406, the entry "10%" shall be substituted; (iv) for the entry in column (4) occurring against all tariff items of heading 8410, the entry "10%" shall be substituted; (v) for the entry in column (4) occurring against all tariff items (except tariff items 8411 11 00, 8411 12 00, 8411 21 00, 8411 22 00 and 8411 91 00) of heading 8411, the entry "10%" shall be substituted; (vi) for the entry in column (4) occurring against tariff items 8412 80 19, 8412 80 20, 8412 80 30 and 8412 80 90 of heading 8412, the entry "10%" shall be substituted; (vii) for the entry in column (4) occurring against tariff item 8419 19 20, the entry "10%" shall be substituted; (8) In Chapter 85,––
(i) for the entry in column (4) occurring against all tariff items of heading 8501, the entry "10%" shall be substituted; (ii) for the entry in column (4) occurring against all tariff items (except tariff items 8502 11 00, 8502 20 10 and 8502 40 00) of heading 8502, the entry "10%" shall be substituted; (iii) for the entry in column (4) occurring against all tariff items (except tariff item 8503 00 90) of heading 8503, the entry "10%" shall be substituted; (iv) for the entry in column (4) occurring against all tariff items (except tariff items 8504 31 00, 8504 32 00, 8504 40 10, 8504 40 30, 8504 50 10 and 8504 50 90) of heading 8504, the entry "10%" shall be substituted; (v) in heading 8525, the tariff item 8525 50 50 and the entries relating thereto shall be omitted; (vi) for the entry in column (4) occurring against all tariff items (except tariff items under sub-headings 8535 40 and 8535 90) of heading 8535, the entry "10%" shall be substituted; (vii) for the entry in column (4) occurring against all tariff items (except tariff items 8536 10 10, 8536 41 00, 8536 61 10, 8536 61 90, 8536 69 10, 8536 69 90 and 8536 70 00) of heading 8536, the entry "10%" shall be substituted; (viii) for the entry in column (4) occurring against all tariff items of heading 8537, the entry "10%" shall be substituted; (ix) for the entry in column (4) occurring against all tariff items (except tariff items 8544 42 91, 8544 42 92, 8544 42 93, 8544 42 99, 8544 70 10 and 8544 70 90) of heading 8544, the entry "10%" shall be substituted; (x) for the entry in column (4) occurring against all tariff items of heading 8546, the entry "10%" shall be substituted; and (xi) for the entry in column (4) occurring against all tariff items of heading 8547, the entry "10%" shall be substituted; (9) in Chapter 90, for the entry in column (4) occurring against tariff items 9028 90 10, 9030 31 00, 9030 90 10, 9032 89 10 and 9032 89 90, the entry "10%" shall be substituted;
(10) in Chapter 95,—
Third Schedule, The Finance Act, 2016.
(a) for the entry in column (4) occurring against tariff item 9503 00 90, the entry "20%" shall be substituted; (b) for the entry in column (4) occurring against tariff item 9505 10 00, the entry "20%" shall be substituted; (c) for the entry in column (4) occurring against tariff item 9505 90 90, the entry "20%" shall be substituted;
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
This section refers to
Questions about Section Third Schedule
What does Section Third Schedule of the Finance Act deal with?
Section Third Schedule of the Finance Act is headed "Third Schedule". THE THIRD SCHEDULE [See section 141(i)] In the First Schedule to the Customs Tariff Act,–– (1) in Chapter 27, in the Supplementary Note,–– (a) | in clause (e), for the figures "1460:", the figures "1460:" shall be substituted;
How do I find court cases under Section Third 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 Third Schedule, section Third Schedule Finance Act 2016, section Third 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 Third Schedule of the Finance Act, and has it changed?
Its own text turns on section 141 (Amendment of First Schedule), so none of them can safely be read on its own.
When was Section Third Schedule of the Finance Act enacted?
Section Third Schedule of the Finance Act, cited as Finance Act 2016 Third Schedule, was enacted on 27 Jun 2016. It is in force as at the date shown on this page.
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