SCH-04 - Fourth Schedule - Finance Act, 1968

THE FOURTH SCHEDULE (See section 34) PART I In the First Schedule to the Tariff Act, in Item No. 22(4)(a), for the entry in the forth column, the entry Rs. 45 per liter or 170 per cent. ad valorem, whichever is higher , shall be substituted. PART II Item No. Name of article Nature of duty Standard rate of duty Preferential rate of duty if the article is the produce or manufacturer of Duration of protective rates of duty The United Kingdom A British Colony 1 2 3 4 5 6 7 In the first Schedule to the Tariff Act, for Item No. 9(3), the following Item shall be substituted, namely :- 9(3) The following spices, whether ground or unground, namely : cardamoms, cassia, cinnamon, cloves, nutmegs and pepper (a) Cloves Preferential Revenue Rs, 18 per kilogram .. Rs. 18 per kilogram less 7 per cent ad valorem. .. (b) Casssia and cinnamon Preferential Revenue Rs. 20 per kilogram .. Rs. 20 per kilogram less 7 per cent ad valorem .. (c) Others Preferential Revenue 100 per cent. ad valorem .. 92 per cent. ad valorem .. . V. N. BHATIA, Secy. to the Govt. of India