Finance Act 1968 Schedule IV - Bare Act

State	Central Government
Year	1968
Section Title	Fourth Schedule

Act Info:

The Fourth Schedule

(See section 34)

Part I

In the First Schedule to the Tariff Act, in Item No. 22(4)(a), for the entry in the forth column, the entry "Rs. 45 per litre or 170 per cent. ad valorem, whichever is higher", shall be substituted.

Part II

referential rate of duty if the article is the produce or manufacture of

				Preferential rate of duty if the article is the produce or manufacutre of
Item No.	Name of article		Nature of duty	Standard rate of duty	The United Kindgdom	A British Colony	Duration of protective rates of duty
1	2		3	4	5	6	7
In the first Schedule to the Tariff Act, for Item No. 9(3), the following Item shall be substituted, namely :-
		cardamoms, cassia, cinnamon, cloves, nutmegs and pepper
		(a) Cloves	Preferential Revenue	Rs, 18 per kilogram		Rs. 18 per kilogram less 7 per cent ad valorem.
(b) Casssia and cinnamon			Preferential Revenue	Rs. 20 per kilogram		Rs. 20 per kilogram less 7 per cent ad valorem
(c) Others			Preferential Revenue.			92 per cent. ad valorem