Second Schedule Of Finance Act 2018

By | April 1, 2018
(Last Updated On: April 25, 2018)

Second Schedule Of Finance Act 2018

THE SECOND SCHEDULE

[See section 103 (a)]

In the First Schedule to the Customs Tariff Act,–

(1)in Chapter 20, for the entry in column (4) occurring against all the tariff items of heading 2009 (except tariff items 2009 11 00, 2009 12 00 and 2009 19 00), the entry “50%” shall be substituted;
(2)in Chapter 33, for the entry in column (4) occurring against all the tariff items of headings 3303, 3304, 3305, 3306 and 3307, the entry “20%” shall be substituted;
(3)in Chapter 34, for the entry in column (4) occurring against all the tariff items of heading 3406, the entry “25%” shall be substituted;
(4)in Chapter 39, for the entry in column (4) occurring against tariff items 3919 90 90, 3920 99 99, 3926 90 91 and 3926 90 99, the entry “15%” shall be substituted;
(5)in Chapter 40, for the entry in column (4) occurring against tariff item 4011 20 10, the entry “15%” shall be substituted;
(6)in Chapter 48, for the entry in column (4) occurring against tariff item 4823 90 90, the entry “20%” shall be substituted;
(7)in Chapter 56, for the entry in column (4) occurring against all the tariff items of headings 5608 and 5609, the entry “25%” shall be substituted;
(8)in Chapter 64,–
(i)for the entry in column (4) occurring against all the tariff items of headings 6401, 6402, 6403, 6404 and 6405, the entry “20%” shall be substituted;
(ii)for the entry in column (4) occurring against all the tariff items of heading 6406, the entry “15%” shall be substituted;
(9)in Chapter 71, for the entry in column (4) occurring against all the tariff items of heading 7117, the entry “20%” shall be substituted;
(10)in Chapter 84,–
(i)for the entry in column (4) occurring against all the tariff items of headings 8407, 8408 and 8409, the entry “15%” shall be substituted;
(ii)for the entry in column (4) occurring against tariff items 8483 10 91 and 8483 10 92, the entry “15%” shall be substituted;
(11)in Chapter 85,–
(i)for the entry in column (4) occurring against all the tariff items of sub-heading 8504 40 (except tariff item 8504 40 21), the entry “15%” shall be substituted;
(ii)for the entry in column (4) occurring against all the tariff items of heading 8506 (except tariff item 8506 90 00), the entry “15%” shall be substituted;
(iii)for the entry in column (4) occurring against tariff items 8507 10 00, 8507 20 00, 8507 30 00, 8507 40 00 and 8507 50 00, the entry “15%” shall be substituted;
(iv)for the entry in column (4) occurring against tariff item 8507 60 00, the entry “20%” shall be substituted;
(v)for the entry in column (4) occurring against tariff item 8507 80 00, the entry “15%” shall be substituted;
(vi)for the entry in column (4) occurring against all the tariff items of heading 8511, the entry “15%” shall be substituted;
(vii)for the entry in column (4) occurring against tariff items 8517 12 10, 8517 12 90 and 8517 62 90, the entry “20%” shall be substituted;
(viii)for the entry in column (4) occurring against tariff item 8517 70 90, the entry “15%” shall be substituted;
(ix)for the entry in column (4) occurring against tariff items 8518 10 00, 8518 29 00, 8518 30 00 and 8518 40 00, the entry “15%” shall be substituted;
(x)for the entry in column (4) occurring against tariff items 8529 10 99 and 8529 90 90, the entry “15%” shall be substituted;
(xi)for the entry in column (4) occurring against tariff item 8538 90 00, the entry “15%” shall be substituted;
(xii)for the entry in column (4) occurring against all the tariff items of sub-headings 8544 19, 8544 42 and 8544 49 the entry “15%” shall be substituted;
(12)in Chapter 87,–
(i)for the entry in column (4) occurring against all the tariff items of heading 8708, the entry “15%” shall be substituted;
(ii)for the entry in column (4) occurring against all the tariff items of sub-heading 8714 10, the entry “15%” shall be substituted;
(13)in Chapter 90,–
(i)for the entry in column (4) occurring against tariff item 9004 10 00, the entry “20%” shall be substituted;
(ii)for the entry in column (4) occurring against all the tariff items of headings 9018 and 9019, the entry “10%” shall be substituted;
(iii)for the entry in column (4) occurring against tariff item 9020 00 00, the entry “10%” shall be substituted;
(iv)for the entry in column (4) occurring against all the tariff items of headings 9021 and 9022, the entry “10%” shall be substituted;
(14)in Chapter 91, for the entry in column (4) occurring against all the tariff items of headings 9101, 9102, 9103 and 9105, the entry “20%” shall be substituted;
(15)in Chapter 94, for the entry in column (4) occurring against all the tariff items of headings 9401, 9403 and 9404, the entry “20%” shall be substituted;
(16)in Chapter 95,–
(i)for the entry in column (4) occurring against all the tariff items of heading 9503 (except tariff item 9503 00 90), the entry “20%” shall be substituted;
(ii)for the entry in column (4) occurring against all the tariff items of heading 9504, the entry “20%” shall be substituted;
(iii)for the entry in column (4) occurring against tariff item 9505 90 10, the entry “20%” shall be substituted;
(iv)for the entry in column (4) occurring against all the tariff items of headings 9506, 9507 and 9508, the entry “20%” shall be substituted;
(17)in Chapter 96,–
(i)for the entry in column (4) occurring against tariff item 9611 00 00, the entry “20%” shall be substituted;
(ii)for the entry in column (4) occurring against all the tariff items of heading 9613, the entry “20%” shall be substituted;
(iii)for the entry in column (4) occurring against all the tariff items of heading 9616, the entry “20%” shall be substituted.


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