Section 120 - Retrospective amendment of certain entries in First Schedule. - Finance Act, 2017

Retrospective amendment of certain entries in First Schedule. 120. In the Central Excise Tariff Act, in the First Schedule, in Chapter 87, in column (4), for the entry 27% occurring against tariff items 8702 90 21, 8702 90 22, 8702 90 28 and 8702 90 29, the entry 12.5% shall be substituted and shall be deemed to have been substituted retrospectively with effect from the 1st day of January, 2017.