SCH-04 - Fourth Schedule - Finance Act, 1982

THE FOURTH SCHEDULE (See section 52) Modifications to the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. G.S.R. 77 (E), dated the 23rd day of February, 1982 (1) The opening paragraph of the notification shall have effect as if (I) with respect to any period before the 1st day of April, 1981, (a) for the figures 120 , the figures 93.50 had been substituted, and (b) for the figures 150 occurring for the first time, the figures 116.65 had been substituted; and (II) with respect to any period before the 1st day of January, 1982, clause (i) had been omitted. (2) The first proviso to the notification shall not have effect with respect to any period before the 1st day of October, 1981 and the said notification shall have effect with respect to any period before the 1st day of October, 1981 as if it contained the following proviso in place of the said first proviso, namely:- Provided that,- (a) in the case of matches packed in boxes in which both the outer slide as well as the inner slide are made of card board, the amount of exemption shall be increased by sixty paise per gross of boxes; (b) in the case of matches packed in boxes in which the inner slide alone is made of card board, the amount of exemption shall be increased by twenty-four paise per gross of boxes; (c) the amount of exemption shall be increased, or further increased, as the case may be, by fifty paise per gross of boxes if bamboo is used for the splints or for both splints and veneers; (d) if the splints of such matches are made of bamboo and the matches are packed in boxes of 40 matches, the rate of duty shall be four-fifths of the rate applicable to matches of identical description produced in the same factory but packed in boxes of 50 matches and if such packing in boxes of 50 matches is not done, it shall be four-fifths of the notionally determined rate for matches packed in boxes of 50 matches. . (3) The second proviso and clauses (f) and (g) of the Explanation to The notification shall not have effect with respect to any period before the 1st day of October, 1981. (4) Clauses (c), (d) and (e) of the Explanation to the notification shall not have effect with respect to any period before the 1st day of April, 1981.