Section 16 – Taxation Laws (Amendment) Act, 2017

Amendment of Seventh Schedule to Act 14 of 2001

In the Finance Act, 2001, in the Seventh Schedule,—

(a) except tariff items 2402 20 10, 2402 20 20, 2402 20 30, 2402 20 40, 2402 20 50, 2402 20 90, 2402 90 10, 2403 11 10, 2403 19 10, 2403 19 21, 2403 19 29, 2403 19 90, 2403 91 00, 2403 99 10, 2403 99 20, 2403 99 30, 2403 99 40, 2403 99 50, 2403 99 60, 2403 99 90 and 2709 00 00 and the entries relating thereto, all other heading, sub-heading, tariff items and entries relating thereto shall be omitted;
(b) for tariff item 2709 00 00 and the entries relating thereto, the following tariff item and entries shall be substituted, namely:—
(1)(2)(3)(4)
”2709 20 00Petroleum CrudeKg.Rs. 50 per tonne”.

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