Second Schedule
Section Second Schedule of the Finance Act, 2023 deals with second Schedule. THE SECOND SCHEDULE [See section 135 (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 29,— (i) | for the entry in column (4) occurring against tariff item 2902 50 00, the
THE SECOND SCHEDULE
[See section 135 (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 29,—
(i) for the entry in column (4) occurring against tariff item 2902 50 00, the entry "2.5%" shall be substituted; (ii) for the entry in column (4) occurring against tariff item 2903 21 00, the entry "2.5%" shall be substituted; (2) in Chapter 40, for the entry in column (4) occurring against all the tariff items of heading 4005, the entry "25% or Rs. 30 per kg., whichever is lower" shall be substituted;
(3) in Chapter 71,—
(i) for the entry in column (4) occurring against all the tariff items of headings 7113 and 7114, the entry "25%" shall be substituted; (ii) for the entry in column (4) occurring against all the tariff items of heading 7117, the entry "25% or Rs. 600 per kg., whichever is higher" shall be substituted; (4) in Chapter 84, for the entry in column (4) occurring against tariff item 8414 60 00, the entry "15%" shall be substituted;
(5) in Chapter 87, for the entry in column (4) occurring against tariff item 8712 00 10, the entry "35%" shall be substituted;
(6) in Chapter 95, for the entry in column (4) occurring against all the tariff items of heading 9503, the entry "70%" shall be substituted.
Second Schedule, The Finance Act, 2023 (Act 8 of 2023).
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 135 (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 29,— (i) | for the entry in column (4) occurring against tariff item 2902 50 00, the
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 2023 Second Schedule, section Second Schedule Finance Act 2023, 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 135 (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 2023 as Act 8 of 2023. India Code records no commencement date for it. It is in force as at the date shown on this page.
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- First Schedule. First Schedule10190 words
- 2. Income-tax8337 words
- Fourth Schedule. Fourth Schedule6615 words
- 5. Amendment of section 102717 words
- 150. Substitution of new section for section 1101621 words
- 54. Insertion of new section 115BAE1218 words
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