Finance Act 1975 Schedule II

Item No.

Description of goods

Rate of duty

(1)

(2)

(3)

In the First Schedule to the Central Excises Act, -

(i) in Item No. 4, under "II. Manufactured tobacco -", -

(a) for the entries against sub-item (3), the following entries shall be substituted, namely :-

"(i) Biris in the manufacture of which any process has been conducted with the aid of machines operated with or without the aid of power

Three rupees and eighty paise per thousand;

(ii) other biris

Eighty paise per thousand.";

(b) after sub-item (4), the following sub-items shall be inserted namely :-

"(5) Chewing tobacco

Ten per cent. ad valorem.

(6) Snuff

Two rupees and fifty paise per kilogram.";

(ii) for Item No. 18, the following Item shall be substituted, namely :-

18.

RAYON AND SYNTHETIC FIBRES AND YARN INCLUDING TEXTURED YARN, IN OR IN RELATION TO THE MANUFACTURE OF WHICH ANY PROCESS IS ORDINARILY CARRIED ON WITH THE AID OF POWER -

(i) Fibres and Yarn, other than Textured Yarn

Eighty-five rupees per kilogram;

(ii) Textured Yarn produced out of the Base Yarn

The duty for time being leviable on the Base Yarn, if not already paid, plus twenty rupees per kilogram;

(iii) Other Textured Yarn

One hundred and five rupees per kilogram.

Explanation I : Fibres and Yarn, other than Textured Yarn, shall be deemed to include -

(i) man-made fibre;

(ii) man-made metallic yarn;

(iii) spun (discontinuous) yarn containing not less than ninety per cent. by weight of man-made fibres calculated on the total fibre content; and

(iv) man-made filament (continuous) yarn that has not been processed to introduce crimps, coils, loops or curls along the length of the filaments,

but does not include bulked yarn and stretch yarn.

Explanation II : "Textured Yarn" means yarn that has been processed to introduce crimps, coils, loops or curls along the length of the filaments and shall include bulked yarn and stretch yarn.

Explanation III : "Base Yarn" means yarn falling under sub-item (i) of this Item from which the Textured Yarn has been produced."

(iii) for Item No. 33A, the following Item shall be substituted, namely :-

"33A.

WIRELESS RECEIVING SETS, ALL SORTS, INCLUDING ANY COMBINATION OF TWO OR MORE OF THE FOLLOWING, NAMELY, BROADCAST TELEVISION RECEIVER SETS, RADIOS (INCLUDING TRANSISTOR SETS), GRAMOPHONES (INCLUDING RECORD PLAYERS, RECORD PLAYING DECKS AND RECORD CHANGING DECKS) AND TAPE RECORDERS (INCLUDING CASSETTE RECORDERS AND TAPE DECKS), IN EACH CASE WHETHER WITH OR WITHOUT LOUDSPEAKERS -

(1) Broadcast television receiver sets

Twenty per cent. ad valorem.

(2) Radios (including transistor sets)

Three hundred rupees per set.

(3) Radiograms (including radio or transistor sets with extra space. in cabinet for fitting in record players or record changers)

Three hundred rupees per set

(4) Others

Thirty per cent. ad valorem."

(iv) for Item No. 43, the following Item shall be substituted, namely :-

"43. WOOL TOPS, THAT IS TO SAY, TOPS CONTAINING MORE THAN FIFTY PER CENT BY WEIGHT OF WOOL CALCULATED ON THE TOTAL FIBRE CONTENT

Ten rupees per kilogram.";

(v) after Item No. 66, the following Items shall be inserted, namely :-

"67.

GRAPHITE ELECTRODES AND ANODES ALL SORTS

Fifteen per cent. ad valorem.

"68.

ALL OTHER GOODS, NOT ELSEWHERE SPECIFIED MANUFACTURED IN A FACTORY BUT EXCLUDING -

One per cent. ad valorem..

(a) alcohol all sorts including alcoholic liquors for human consumption;

(b) opium, Indian hemp and other narcotic drugs and narcotics; and

(c) dutiable goods as defined in section 2(c) of the Medicinal and Toilet Preparations (Excise Duties) Act, 1955

Explanation : In this Item, the expression "factory" has the meaning assigned to it in section 2(m) of the Factories Act, 1948.