PART IX
AMENDMENT TO THE FINANCE ACT, 2001
Amendment of Seventh Schedule.
150. In the Seventh Schedule to the Finance Act, 2001, (14 of 2001.)––
(a) for the brackets, words and figures “(See section 138)”, the brackets, words and figures “(See section 136)” shall be substituted;
(b) after tariff item 2403 99 90 and the entries relating thereto, the following tariff items and entries shall be inserted with effect from the 1st day of January, 2022, namely:––
“ 2404 11 00
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-- containing tobacco or reconstituted tobacco
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Kg.
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25%
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2404 19 00
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-- Other
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Kg.
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25% ”.
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Notes on Clauses:
Clause 150 of the Bill seeks to amend the Seventh Schedule of the Finance Act, 2001, with effect from 1st January, 2022.