SectionSecond Schedule
The Finance Act, 2021

Second Schedule

In force As on 11 Oct 2026

Ministry Finance

Section Second Schedule of the Finance Act, 2021 deals with second Schedule. THE SECOND SCHEDULE [See section 104(i)] In the First Schedule to the Customs Tariff Act,- (1) | in Chapter 28, for the entry in column (4) occurring against tariff item 2803 00 10, the entry "7.5%" shall be substituted;

THE SECOND SCHEDULE

[See section 104(i)]

In the First Schedule to the Customs Tariff Act,-

(1)in Chapter 28, for the entry in column (4) occurring against tariff item 2803 00 10, the entry "7.5%" shall be substituted;
(2)in Chapter 39, for the entry in column (4) occurring against all the tariff items of heading 3925, the entry "15%" shall be substituted;
(3)in Chapter 70, for the entry in column (4) occurring against all the tariff items of heading 7007, the entry "15%" shall be substituted;
(4)in Chapter 71, for the entry in column (4) occurring against tariff item 7104 90 90, the entry "15%" shall be substituted;
(5)in Chapter 84,––
(i)for the entry in column (4) occurring against tariff item 8414 30 00, the entry "15%" shall be substituted;
(ii)for the entry in column (4) occurring against all the tariff items of sub-heading 8414 40, the entry "15%" shall be substituted;
(iii)for the entry in column (4) occurring against all the tariff items of sub-heading 8414 80, the entry "15%" shall be substituted;
(6)in Chapter 85,––
(i)for the entry in column (4) occurring against all the tariff items of sub-heading 8501 10, the entry "15%" shall be substituted;
(ii)for the entry in column (4) occurring against tariff item 8501 20 00, the entry "15%" shall be substituted;
(iii)for the entry in column (4) occurring against all the tariff items of sub-headings 8501 31, 8501 32, 8501 33, 8501 34, 8501 40, 8501 51, 8501 52 and 8501 53, the entry "15%" shall be substituted;
(iv)for the entry in column (4) occurring against tariff item 8504 90 90, the entry "15%" shall be substituted;
(v)for the entry in column (4) occurring against tariff items 8512 90 00, 8536 41 00 and 8536 49 00, the entry "15%" shall be substituted;
(vi)for the entry in column (4) occurring against all the tariff items of heading 8537, the entry "15%" shall be substituted;
(vii)for the entry in column (4) occurring against tariff item 8544 30 00, the entry "15%" shall be substituted;
(7)in Chapter 90,––
(i)for the entry in column (4) occurring against tariff item 9031 80 00, the entry "15%" shall be substituted;
(ii)for the entry in column (4) occurring against all the tariff items of sub-heading 9032 89, the entry "15%" shall be substituted;
(8)in Chapter 91, for the entry in column (4) occurring against tariff item 9104 00 00, the entry "15%" shall be substituted.
Second Schedule, The Finance Act, 2021.

Questions about Section Second Schedule

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

Section Second Schedule of the Finance Act is headed "Second Schedule". THE SECOND SCHEDULE [See section 104(i)] In the First Schedule to the Customs Tariff Act,- (1) | in Chapter 28, for the entry in column (4) occurring against tariff item 2803 00 10, the entry "7.5%" shall be substituted;

How do I find court cases under Section Second 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 2021 Second Schedule, section Second Schedule Finance Act 2021, section Second Schedule 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 the Finance Act enacted?

Finance Act was enacted in 2021. India Code records no commencement date for it. It is in force as at the date shown on this page.

Other sections of this Act

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