SCH-02 - SECOND SCHEDULE - Finance Bill, 2022

THE SECOND SCHEDULE [See section 97(a)] In the First Schedule to the Customs Tariff Act, Tariff Item Description of goods Unit Rate of duty Standard Preferential (1) (2) (3) (4) (5) (1) in Chapter 15, for the entry in column (4) occurring against tariff item 1516 30 00, the entry 100% shall be substituted; (2) in Chapter 66, for the entry in column (4) occurring against all the tariff items of heading 6601, the entry 20% shall be substituted; (3) in Chapter 71, for the entry in column (4) occurring against all the tariff items of heading 7117, the entry 20% or ₹ 400 per kg., whichever is higher shall be substituted; (4) in Chapter 85, (i) for the entry in column (4) occurring against tariff items 8518 21 00, 8518 22 00, 8518 29 00, and 8518 30 00, the entry 20% shall be substituted; (ii) for tariff item 8524 11 00 and the entries relating thereto, the following shall be substituted, namely : 8524 11 00 - - Of liquid crystals u 15% - ; (iii) for the entry in column (4) occurring against tariff item 8541 42 00, the entry 25% shall be substituted; (iv) for the entry in column (4) occurring against tariff item 8541 43 00, the entry 40% shall be substituted; (v) for the entry in column (4) occurring against tariff item 8541 49 00, the entry 40% shall be substituted; (5) in Chapter 90, (i) for the entry in column (4) occurring against tariff item 9028 30 10, the entry 25% shall be substituted; (ii) for the entry in column (4) occurring against tariff item 9028 90 10, the entry 20% shall be substituted.