Finance Act 1968 Schedule IV

Section Text

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

Frequently asked questions

What does Finance Act 1968 Schedule IV provide?

Section Schedule IV of the Finance Act 1968 (Fourth Schedule) is reproduced on this page as part of the Finance Act 1968. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Finance Act 1968 Schedule IV?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act 1968 Schedule IV. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

See how courts applied this provision

About this section

Section Text

Frequently asked questions

Brief any judgment in 18 sections.