EXTRACT FROM THE FINANCE ACT, 2005 (18 OF 2005) – THE SEVENTH SCHEDULE
Annexure
Bill
Annexure
Taxation Laws (Amendment) Bill, 2017
EXTRACT FROM THE FINANCE ACT, 2005 (18 OF 2005)
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THE SEVENTH SCHEDULE
(See section 85)
NOTES
1. In this Schedule, "heading", "sub-heading", "tariff item" and "Chapter" mean respectively a heading, sub-heading, tariff item 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.
Tariff item
Description o
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Flue cured virginia tobacco
kg.
10%
2401 20 20
Sun cured country (natu) tobacco
kg.
10%
2401 20 30
Sun cured virginia tobacco
kg.
10%
2401 20 40
Burley tobacco
kg.
10%
2401 20 50
Tobacco for manufacture of biris, not stemmed
kg.
10%
2401 20 60
Tobacco for manufacture of chewing tobacco
kg.
10%
2401 20 70
Tobacco for manufacture of cigar and cheroot
kg.
10%
2401 20 80
Tobacco for manufacture of hookah tobacco
kg.
10%
2401 20 90
Other
kg.
10%
2401 30 00
–
Tobacco refuse
kg.
10%
2402
CIGARS, CHEROOTS, CIGARILLOS AND CIGARETTES, OF TABACCO OR OF TABACCO SUBSTITUTES
2402 10
–
Cigars, cheroots and cigarillos, containing tobacco:
2402 10 10
Cigars and cheroots
Tu
10%
2402 10 20
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75 millimeters
Tu
₹ 110 per thousand
2402 20 50
Filter cigarettes of length (including the length of the filter, the length of filter being 11 millimetres or its actual length, whichever is more) exceeding 75 millimetres but not exceeding 85 millimetres
Tu
Rs.145 per thousand
2402 20 90
Other
Tu
₹ 180 per thousand
2402 90
–
Other:
2403
OTHER MANUFACTURED TOBACCO AND MANUFACTURED TOBACCO SUBSTITUTES; “HOMOGENISED”OR “RECONSTITUTED”
TOBACCO, TOCACCO EXTRACTS AND ESSENCES
2403 10
–
Smoking tobacco, whether or not containing tobacco substitutes in any proportion:
2403 10 10
Hookah or gudaku tobacco bearing a brand name
kg.
10%
2403 10 20
Smooking mixtures for pipies and cigarettes
kg.
10%
2403 10
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