SCH-03 - Third Schedule - Finance Act, 1981

THE THIRD SCHEDULE (See section 48) Item No. Description of goods Rafe of duty (1) (2) (3) In the First Schedule to the Central Excises Act,- (i) In Item No. 15A, for Explanation II, the following Explanation shall be substituted, namely:- Explanation II.-This Item does not include,- (a) polyester films; (b) electrical insulators or electrical insulating fittings or parts of such insulators or insulating fittings. ; (ii) after Item No. 15B, the following Item shall be inserted, namely:- 15BB. POLYESTER FILMS Fifty per cent. ad valorem. ; (iii) for Item No. 16, the following Item shall be substituted, namely:- '16. TYRES- Tyre means a pneumatic tyre in the manufacture of which rubber is used, and includes the inner tube, the tyre flap and the outer cover of such a tyre: I. (1) Tyres for motor vehicles; and tyres for vehicles or equipments, designed for use off the road. Sixty per cent. ad valorem. (2) Tyres for tractors, including agricultural tractors. Sixty per cent. ad valorem. (3) Tyres for trailers. Sixty per cent. ad valorem. II. Tyres for cycles and cycle-rickshaws (1) Tyres. Sixty paise per tyre or fifteen per cent. ad valorem, whichever is higher. (2) Tubes. Thirty paise per tube or fifteen per cent. ad valorem, whichever is higher. III. All other tyres. Explanation I.- Motor vehicles means all mechanically propelled vehicles, other than tractors, designed for use upon roads. Explanation II.- Motor vehicles , tractors, including agricultural tractors and trailers shall include a chassis; but shall not include a vehicle running upon fixed rails.'; Twenty-five per cent. ad valorem. (iv) for Item No. 16AA, the following Item shall be substituted, namely:― '16AA. SYNTHETIC RUBBER, INCLUDING SYNTHETIC RUBBER LATEX AND PRE-VULCANISED SYNTHETIC RUBBER LATEX Explanation. In this Item, the expression synthetic rubber is to be taken to apply to: (a) unsaturated synthetic substances which can be irreversibly transformed into non-thermoplastic substances by vulcanisation with sulphur and which, when so vulcanised as well as may be (without the addition of any substances such as plasticisers, fillers or reinforcing agents not necessary for the cross-linking), can produce substances which, at a temperature between 18 and 29 C, will not break on being extended to three times their original length and will return, after being extended to twice their original length, within a period of five minutes, to a length not greater than one-and-a-half times their original length. Such substances include cispolyisoprene (IR), polybutadiene (BR), poly-chlorobutadiene (CR), polybutadiene-styrene (SBR), poly chlorobutadiene-acrylonitrile (NCR), polybuta- diene-acrylonitrile (NBR) and butyl rubber (IIR); (b) thioplasts (TM); and (c) natural rubber modified by grafting or mixing with artificial plastic material, de-polymerised natural rubber, and mixtures of unsaturated synthetic substances with saturated synthetic high polymers, provided that all the above-mentioned products comply with the requirements concerning vulcanisation, elongation and recovery in (a) above.'; Ten per cent. ad valorem. (v) in Item No. 26A, (a) after sub-item (1a), the following sub-item shall be inserted, namely:― (1b) Waste and scrap. Five thousand six hundred rupees per metric tonne. ; (b) for sub-item (3), the following sub-items shall be substituted, namely:- (3) Pipes and tubes, excluding shells and blanks, therefor. Twenty-eight per cent. ad valorem. (4) Shells and blanks, for pipes and tubes. Twenty-eight per cent, ad valorem. ; (c) the Explanation shall be numbered as Explanation I, and after the Explanation as so numbered, the following Explanation shall be inserted, namely:- 'Explanation II.- Waste and scrap means waste and scrap of copper fit only for the recovery of metal or for use in the manufacture of chemicals, but does not include slag, dross, scalings, ash and other cuprous residues.'; (vi) in Item No. 26B,- (a) for sub-item (1), the following sub-items shall be substituted, namely:- (1) Unwrought, including ingots, cakes, bars, blocks, hard or soft, slabs, billets, plates, cathodes, anodes, pellets, spelter and broken zinc. Two thousand six hundred and twenty-five rupees per metric tonne. (1a) Waste and scrap. Two thousand six hundred and twenty-five rupees per metric tonne. (b) after sub-item (2), the following sub-item shall be inserted, namely:― (2a) Calots. Four thousand one hundred rupees per metric tonne. ; (c) the Explanation shall be numbered as Explanation I, and after the Explanation as so numbered, the following Explanation shall be inserted, namely:- 'Explanation II.- Waste and scrap means waste and scrap of zinc fit only for the recovery of metal or for use in the manufacture of chemicals and includes dross and ash.'; (vii) in Item No. 27,- (a) after sub-item (a), the following sub-item shall be inserted, namely:- (aa) Waste and scrap. Fifty per cent. ad valorem, plus two thousand rupees per metric tonne. ; (b) after Explanation II, the following Explanation shall be inserted, namely: - 'Explanation III- Waste and scrap means waste and scrap of aluminium fit only for the recovery of metal or for use in the manufacture of chemicals, but does not include sludge, dross, scalings, skimmings, ash and other residues.'; (viii) for Item No. 27A, the following Item shall be substituted, namely:- 27A. LEAD- (1) Unwrought, including ingots, pigs, blocks, anodes, slabs, cakes and cast sticks. Five hundred rupees for metric tonne. (2) Waste and scrap. Explanation I.- LEAD shall include any alloy in which lead predominates by weight over each of the other metals. Explanation II.- Waste and scrap means waste and scrap of lead fit only for the recovery of metal or for use in the manufacture of chemicals, but does not include slag, ash and other residues.'; Five hundred rupees for metric tonne. (ix) in Item No. 37, under II. Exposed- , in the second column, for the entry (i) News-reels and shorts not exceeding 500 metres , the entry (i) News-reels and shorts not exceeding 600 metres shall be substituted.