Home Acts & Rules F. Acts / Amendment Acts Finance Acts Finance (No. 2) Act, 1977 Chapters List Schedules Sch SCHEDULE This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
SCH-02 - Second Schedule - Finance (No. 2) Act, 1977Extract THE SECOND SCHEDULE (See section 31) PART I In the First Schedule to the Customs Tariff Act, - (i) in sub-heading No. (3) of Heading No. 37.01/08, for the entry in column (3), the entry 40% ad valorem shall be substituted; (ii) in Heading No. 51.01/03, for the entry in column (3), the entry 100% plus Rs. 30 per kilogram shall be substituted; (iii) in sub-heading No. (2) of Heading No. 53.01/05, for the entry in column (3), the entry 60% shall be substituted; (iv) in Heading No. 56.01/04, for the entry in column (3), the entry 140% shall be substituted; (v) in Heading No. 56.05/06, for the entry in column (3), the entry 100% plus Rs. 30 per kilogram shall be substituted; (vi) in Heading No. 60.09, for the entry in column (3), the entry 100% shall be substituted; (vii) in sub-heading No. (2) of Heading No. 76.03/04, for the entry in column (3), the entry 100% shall be substituted; (viii) in sub-heading No. (1) of Heading No. 84.51/55, for the entry in column (3), the entry 100% shall be substituted; (ix) in Heading No. 15.01, - (1) in sub-heading No. (2), for the entry in column (3), the entry 100% shall be substituted; (2) in sub-heading No. (3), for the entry in column (3), the entry 100% shall be substituted; (x) in Heading No. 85.13, for the entry in column (3), the entry 100% shall be substituted; (xi) in Heading No. 85.14, for the entry in column (3), the entry 100% shall be substituted; (xii) in sub-heading No. (1) of Heading No. 85.15, for the entry in column (3), the entry 100% shall be substituted; (xiii) in Heading No. 85.18/27, - (1) in sub-heading No. (1), for the entry in column (3), the entry 100% shall be substituted; (2) in sub-heading No. (2), for the entry in column (3), the entry 100% shall be substituted; (xiv) in Heading No. 100.01, in column (2), for the words All dutiable articles imported by a passenger by a passenger as baggage , the words All dutiable articles imported by a passenger, or a member of the crew, as baggage shall be substituted. PART II Heading No. Sub-heading No. and description of articles Rate of duty Duration when rates of duty are Protective Standard U.K. Other preferential Areas (1) (2) (3) (4) (5) (6) In the First Schedule to the Customs Tariff Act,- (i) for Heading No. 85.02, the following Heading shall be substituted, namely :- 85.02 Electro-magnets; permanent magnets and articles of special materials for permanent magnets, being blanks of such magnets; electromagnetic and permanent magnet chucks, clamps, vices and similar word holders; electromagnetic clutches and couplings; electromagnetic brakes; electromagnetic lifting heads : (1) Not elsewhere specified 40% (2) Ferrite permanent magnets and articles of ferrite for permanent magnets, being blanks of such magnets 100% (ii) for Heading No. 90.29, the following Heading shall be substituted, namely :- 90.29 Parts or accessories suitable for use solely or principally with one or more of the articles falling within Heading No. 90.23, 90.24, 90.26, 90.27 or 90.28 : (1) Not elsewhere specified Rate of duty applicable - to the main article of which they are parts or accessories. (2) Parts or accessories, containing thermionic valves or transistors or similar semi-conductor devices or electronic microcircuits or capacitors other than paper capacitors 100%
|