117. Amendment of Seventh Schedule to Act 14 of 2001.
—The Seventh Schedule to the Finance Act, 2001 shall be amended in the manner specified in the Eighth Schedule.
Clause 117 seeks to amend the Seventh Schedule to the Finance Act, 2001 so as to omit certain existing tariff items and include certain new tariff items in the said Schedule. It also proposes to substitute certain entries with a view to enhance the rate of duty.
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