EXTRACT FROM THE FINANCE ACT, 2001 (14 OF 2001) – THE SEVENTH SCHEDULE

Annexure – Draft-Bills-Reports – Annexure – TAXATION LAWS (AMENDMENT) BILL, 2017 – Annexure – EXTRACT FROM THE FINANCE ACT, 2001 (14 OF 2001) * * * * * THE SEVENTH SCHEDULE (See section 136) NOTES 1. In this Schedule, "heading", "sub-heading" and "Chapter" mean respectively a heading, sub-heading and Chapter in the First Schedule to the Central Excise Tariff Act. 2. The rules for the interpretation of the First Schedule to the Central Excise Tariff Act, the Section and Chapter Notes and the General Explanatory Notes of the First Schedule shall apply to the interpretation of this Schedule. Heading Sub-heading No. No. Description of Goods Rate of duty (1) (2) (3) (4) 21.06 2106.00 Pan masala 23% 24.03 2403.11 –

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r, the length of filter being 11 millimetres or its actual length, whichever is more) exceeding 75 millimetres but not exceeding 85 millimetres ₹ 190 per thousand 2403.19 – Other ₹ 235 per thousand 2403.20 – Cigarettes of tobacco substitutes ₹ 150 per thousand 24.04 2404.10 – Smoking mixtures for pipes and cigarettes 45% 2404.31 – Other than paper rolled biris, manufactured without the aid of machines Re. 1.00 per thousand 2404.39 – Other ₹ 2.00 per thousand 2404.41 – Chewing tobacco and preparations containing chewing tobacco 10% 2404.49 – Pan masala containing tobacco 10% 2404.50 – Snuff of tobacco and preparations containing snuff of tobacco in any proportion 10% 2404.99 – Other 10% – Statutory Provisions, Acts, R

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