Section120
The Finance Act, 2017

Retrospective amendment of certain entries in First Schedule

In force As on 07 Oct 2026

Ministry Finance Enacted 17 Apr 2017

Section 120 of the Finance Act, 2017 deals with retrospective amendment of certain entries in First Schedule. Retrospective amendment of certain entries in First Schedule 120. The Act was enacted on 17 Apr 2017.

Retrospective amendment of certain entries in First Schedule

120. In the Central Excise Tariff Act, in the First Schedule, in Chapter 87, in column (4), for the entry "27%" occurring against tariff items 8702 90 21, 8702 90 22, 8702 90 28 and 8702 90 29, the entry "12.5%" shall be substituted and shall be deemed to have been substituted retrospectively with effect from the 1st day of January, 2017.

Section 120, The Finance Act, 2017.

Questions about Section 120

What does Section 120 of the Finance Act deal with?

Section 120 of the Finance Act is headed "Retrospective amendment of certain entries in First Schedule". Retrospective amendment of certain entries in First Schedule 120.

How do I find court cases under Section 120 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 2017 120, section 120 Finance Act 2017, section 120 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

When was Section 120 of the Finance Act enacted?

Section 120 of the Finance Act, cited as Finance Act 2017 120, was enacted on 17 Apr 2017. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. 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. This page is not a substitute for legal advice.