Second Schedule
Section Second Schedule of the Finance Act, 2022 deals with second Schedule. THE SECOND SCHEDULE [See section 98(a)] In the First Schedule to the Customs Tariff Act,— Tariff Item | Description of goods | Unit | Rate of duty Standard | Preferential (1) | (2) | (3) | (4) | (5) (1) in Chapter 15, for the entry in column (4) occurring against tariff item 1516 30 00, the entry "1
THE SECOND SCHEDULE
[See section 98(a)]
In the First Schedule to the Customs Tariff Act,—
Tariff Item Description of goods Unit Rate of duty Standard Preferential (1) (2) (3) (4) (5) (1) in Chapter 15, for the entry in column (4) occurring against tariff item 1516 30 00, the entry "100%" shall be substituted;
(2) in Chapter 66, for the entry in column (4) occurring against all the tariff items of heading 6601, the entry "20%" shall be substituted;
(3) in Chapter 71, for the entry in column (4) occurring against all the tariff items of heading 7117, the entry "20% or Rs. 400 per kg., whichever is higher" shall be substituted;
(4) in Chapter 85,—
(i) for the entry in column (4) occurring against tariff items 8518 21 00, 8518 22 00, 8518 29 00, and 8518 30 00, the entry "20%" shall be substituted; (ii) for tariff item 8524 11 00 and the entries relating thereto, the following shall be substituted, namely:—
"8524 11 00 - - Of liquid crystals 15% - ";
(iii) for the entry in column (4) occurring against tariff item 8541 42 00, the entry "25%" shall be substituted; (iv) for the entry in column (4) occurring against tariff item 8541 43 00, the entry "40%" shall be substituted; (v) for the entry in column (4) occurring against tariff item 8541 49 00, the entry "40%" shall be substituted; (5) in Chapter 90,--
Second Schedule, The Finance Act, 2022 (Act 6 of 2022).
(i) for the entry in column (4) occurring against tariff item 9028 30 10, the entry "25%" shall be substituted; (ii) for the entry in column (4) occurring against tariff item 9028 90 10, 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 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 98(a)] In the First Schedule to the Customs Tariff Act,— Tariff Item | Description of goods | Unit | Rate of duty Standard | Preferential (1) | (2) | (3) | (4) | (5) (1) in Chapter 15, for the entry in column (4) occurring against tariff item 1516 30 00, the entry "1
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 2022 Second Schedule, section Second Schedule Finance Act 2022, 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.
What should I read with Section Second Schedule of the Finance Act, and has it changed?
Its own text turns on section 98 (Amendment of First Schedule), so none of them can safely be read on its own.
When was the Finance Act enacted?
Finance Act was enacted in 2022 as Act 6 of 2022. 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
- First Schedule. First Schedule9792 words
- 2. Income-tax6839 words
- 42. Amendment of section 144B3753 words
- 4. Amendment of section 103713 words
- 39. Insertion of new section 140B1269 words
- 31. Amendment of section 115TD965 words
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