SCH-02 - Second Schedule - Finance Act, 1981

THE SECOND SCHEDULE (See section 46) Heading No. Sub-heading No. and description of article Rate of duty Duration when rates of duty are protective Standard Preferential Areas (1) (2) (3) (4) (5) In the First Schedule to the Customs Tariff Act,- (i) for Heading No. 73.15, the following Heading shall be substituted, namely:- 73.15 Alloy steel and high carbon steel in the forms mentioned in Headings Nos. 73.06/07 to 73.14: (1) Not elsewhere specified 60% .. .. (2) Coils for re-rolling, bars (including bright bars), rods, wire rods, strips, sheets and plates, of stainless steel 300% .. .. ; (ii) for Heading No. 84.63, the following Heading shall be substituted, namely:- 84.63 Transmission shafts, cranks, bearing housings, plain shaft bearings, gears and gearing (including friction gears and gear-boxes and other variable speed gears), fly-wheels, pulleys and pulley blocks, clutches and shaft couplings: (1) Not elsewhere specified 60% .. .. (2) Plain shaft bearings, with or without bearing housings 100% .. .. ;