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TypeBare Act JurisdictionCentral Government

Finance Act 2001 Schedule II

Second Schedule

~14 min read
https://sooperkanoon.com/act/34329

Bare act section · Research

About this section

Finance Act 2001 Schedule II is part of Finance Act 2001 - Second Schedule. Read the section text below and explore Indian court judgments that cite it.

Research copy - verify against official government publications before filing or court use.

Section Text

THE SECOND SCHEDULE

[See section 119(a)]

In the First Schedule to the Customs Tariff Act,--

(1) in Chapter 8, for the entries in column (4) and column (5) occurring against each of the sub-heading Nos. 0801.11 and 0801.19, the entries "70%" and "60%" shall respectively be substituted;

(2) in Chapter 9,--

(i) for the entries in column (4) and column (5) occurring against each of the sub-heading Nos. 0901.11, 0901.12, 0901.21, 0901.22 and 0901.90, the entries "70%" and "70% less 13 paise per kg." shall respectively be substituted;

(ii) for the entries in column (4) and column (5) occurring against each of the sub-heading Nos. 0902.10, 0902.20, 0902.30 and 0902.40, the entries "70%" and "70% less 26 paise per kg." shall respectively be substituted;

(3) in Chapter 12, for the entries in column (4) and column (5) occurring against sub-heading No. 1203.00, the entries "70%" and "60%" shall respectively be substituted;

(4) in Chapter 49, in sub-heading No. 4906.00, for the entry in column (4), the entry "25 %" shall be substituted;

(5) in Chapter 50, in sub-heading Nos. 5003.10 and 5003.90, for the entry in column (4) occurring against each of them, the entry "15%" shall be substituted;

(6) in Chapter 51,--

(i) in sub-heading No. 5111.11, for the entry in column (4), the entry "30% or Rs. 135 per sq. mtr., whichever is higher" shall be substituted;

(ii) in sub-heading No. 5111.19, for the entry in column (4), the entry "30% or Rs. 150 per sq. mtr., whichever is higher" shall be substituted;

(iii) in sub-heading No. 5111.20, for the entry in column (4), the entry "30% or Rs. 80 per sq. mtr., whichever is higher" shall be substituted;

(iv) in sub-heading No. 5111.30, for the entry in column (4), the entry "30% or Rs. 75 per sq. mtr., whichever is higher" shall be substituted;

(v) in sub-heading No. 5111.90, for the entry in column (4), the entry "30% or Rs. 90 per sq. mtr., whichever is higher" shall be substituted;

(vi) in sub-heading No. 5112.11, for the entry in column (4), the entry "30% or Rs. 125 per sq. mtr., whichever is higher" shall be substituted;

(vii) in sub-heading No. 5112.19, for the entry in column (4), the entry "30% or Rs. 155 per sq. mtr., whichever is higher" shall be substituted;

(viii) in sub-heading No. 5112.20, for the entry in column (4), the entry "30% or Rs. 85 per sq. mtr., whichever is higher" shall be substituted;

(ix) in sub-heading No. 5112.30, for the entry in column (4), the entry "30% or Rs. 110 per sq. mtr., whichever is higher" shall be substituted;

(x) in sub-heading No. 5112.90, for the entry in column (4), the entry "30% or Rs. 135 per sq. mtr., whichever is higher" shall be substituted;

(7) in Chapter 52,--

(i) in sub-heading Nos. 5202.10, 5202.91 and 5202.99, for the entry in column (4) occurring against each of them, the entry "15%" shall be substituted;

(ii) in sub-heading No. 5208.39, for the entry in column (4), the entry "35% or Rs. 150 per kg., whichever is higher" shall be substituted;

(iii) in sub-heading No. 5208.42, for the entry in column (4), the entry "30% or Rs. 37 per sq.mtr., whichever is higher" shall be substituted;

(iv) in sub-heading No. 5208.52, for the entry in column (4), the entry "30% or Rs. 23 per sq. mtr., whichever is higher" shall be substituted;

(v) in sub-heading No. 5208.53, for the entry in column (4), the entry "30% or Rs. 35 per sq. mtr., whichever is higher" shall be substituted;

(vi) in sub-heading No. 5208.59, for the entry in column (4), the entry "30% or Rs. 50 per sq. mtr., whichever is higher" shall be substituted;

(vii) in sub-heading Nos. 5209.31, 5209.32 and 5209.39, for the entry in column (4) occurring against each of them, the entry "35% or Rs. 150 per kg., whichever is higher" shall be substituted;

(viii) in sub-heading No. 5209.41, for the entry in column (4), the entry "35% or Rs. 32 per sq. mtr., whichever is higher" shall be substituted;

(ix) in sub-heading No. 5209.42, for the entry in column (4), the entry "30% or Rs. 25 per sq. mtr., whichever is higher" shall be substituted;

(x) in sub-heading No. 5209.43, for the entry in column (4), the entry "35% or Rs. 30 per sq. mtr., whichever is higher" shall be substituted;

(xi) in sub-heading No. 5209.49, for the entry in column (4), the entry "35% or Rs. 150 per kg., whichever is higher" shall be substituted;

(xii) in sub-heading Nos. 5209.51 and 5209.52, for the entry in column (4) occurring against each of them, the entry "30% or Rs. 30 per sq. mtr., whichever is higher" shall be substituted;

(xiii) in sub-heading No. 5209.59, for the entry in column (4), the entry "30% or Rs. 38 per sq. mtr., whichever is higher" shall be substituted;

(xiv) in sub-heading No. 5210.39, for the entry in column (4), the entry "35% or Rs. 150 per kg., whichever is higher" shall be substituted;

(xv) in sub-heading No. 5210.42, for the entry in column (4), the entry "35% or Rs. 25 per sq. mtr., whichever is higher" shall be substituted;

(xvi) in sub-heading No. 5210.51 for the entry in column (4), the entry "30% or Rs. 15 per sq. mtr., whichever is higher" shall be substituted;

(xvii) in sub-heading No. 5210.59, for the entry in column (4), the entry "30% or Rs. 15 per sq. mtr., whichever is higher" shall be substituted;

(xviii) in sub-heading Nos. 5211.31, 5211.32 and 5211.39, for the entry in column (4) occurring against each of them, the entry "35% or Rs. 150 per kg., whichever is higher" shall be substituted;

(xix) in sub-heading No. 5211.41, for the entry in column (4), the entry "35% or Rs. 44 per sq. mtr., whichever is higher" shall be substituted;

(xx) in sub-heading No. 5211.43, for the entry in column (4), the entry "35% or Rs. 40 per sq. mtr., whichever is higher" shall be substituted;

(xxi) in sub-heading No. 5211.49, for the entry in column (4), the entry "35% or Rs. 150 per kg., whichever is higher" shall be substituted;

(xxii) in sub-heading Nos. 5211.51, 5211.52 and 5211.59, for the entry in column (4) occurring against each of them, the entry "30% or Rs. 18 per sq. mtr., whichever is higher" shall be substituted;

(8) in Chapter 54,--

(i) in sub-heading No. 5407.41, for the entry in column (4), the entry "25% or Rs. 30 per sq. mtr., whichever is higher" shall be substituted;

(ii) in sub-heading No. 5407.42, for the entry in column (4), the entry "30% or Rs. 60 per sq. mtr., whichever is higher" shall be substituted;

(iii) in sub-heading No. 5407.43, for the entry in column (4), the entry "30% or Rs. 67 per sq. mtr., whichever is higher" shall be substituted;

(iv) in sub-heading No. 5407.44, for the entry in column (4), the entry "30% or Rs. 58 per sq. mtr., whichever is higher" shall be substituted;

(v) in sub-heading No. 5407.52, for the entry in column (4), the entry "30% or Rs. 38 per sq. mtr., whichever is higher" shall be substituted;

(vi) in sub-heading No. 5407.53, for the entry in column (4), the entry "30% or Rs. 50 per sq. mtr., whichever is higher" shall be substituted;

(vii) in sub-heading No. 5407.54, for the entry in column (4), the entry "30% or Rs. 20 per sq. mtr., whichever is higher" shall be substituted;

(viii) in sub-heading No. 5407.61, for the entry in column (4), the entry "25% or Rs. 150 per kg., whichever is higher" shall be substituted;

(ix) in sub-heading No. 5407.69, for the entry in column (4), the entry "30% or Rs. 60 per sq. mtr., whichever is higher" shall be substituted;

(x) in sub-heading No. 5407.72, for the entry in column (4), the entry "25% or Rs. 24 per sq. mtr., whichever is higher" shall be substituted;

(xi) in sub-heading No. 5407.73, for the entry in column (4), the entry "30% or Rs. 60 per sq. mtr., whichever is higher" shall be substituted;

(xii) in sub-heading No. 5407.74, for the entry in column (4), the entry "30% or Rs. 38 per sq. mtr., whichever is higher" shall be substituted;

(xiii) in sub-heading No. 5407.82, for the entry in column (4), the entry "30% or Rs. 42 per sq. mtr., whichever is higher" shall be substituted;

(xiv) in sub-heading No. 5407.83, for the entry in column (4), the entry "30% or Rs. 67 per sq. mtr., whichever is higher" shall be substituted;

(xv) in sub-heading No. 5407.84, for the entry in column (4), the entry "30% or Rs. 38 per sq. mtr., whichever is higher" shall be substituted;

(xvi) in sub-heading No. 5407.92, for the entry in column (4), the entry "30% or Rs. 67 per sq. mtr., whichever is higher" shall be substituted;

(xvii) in sub-heading No. 5407.93, for the entry in column (4), the entry "30% or Rs. 45 per sq. mtr., whichever is higher" shall be substituted;

(xviii) in sub-heading No. 5407.94, for the entry in column (4), the entry "30% or Rs. 67 per sq. mtr., whichever is higher" shall be substituted;

(xix) in sub-heading No. 5408.22, for the entry in column (4), the entry "30% or Rs. 45 per sq. mtr., whichever is higher" shall be substituted;

(xx) in sub-heading No. 5408.23, for the entry in column (4), the entry "30% or Rs. 47 per sq. mtr., whichever is higher" shall be substituted;

(xxi) in sub-heading No. 5408.24, for the entry in column (4), the entry "30% or Rs. 87 per sq. mtr., whichever is higher" shall be substituted;

(xxii) in sub-heading No. 5408.31, for the entry in column (4), the entry "30% or Rs. 25 per sq. mtr., whichever is higher" shall be substituted;

(xxiii) in sub-heading No. 5408.32, for the entry in column (4), the entry "30% or Rs. 44 per sq. mtr., whichever is higher" shall be substituted;

(9) in Chapter 55,--

(i) in sub-heading No. 5512.19, for the entry in column (4), the entry "30% or Rs. 42 per sq. mtr., whichever is higher" shall be substituted;

(ii) in sub-heading No. 5512.29, for the entry in column (4), the entry "30% or Rs. 47 per sq. mtr., whichever is higher" shall be substituted;

(iii) in sub-heading No. 5513.23, for the entry in column (4), the entry "35% or Rs. 125 per kg. or Rs. 25 per sq. mtr., whichever is highest" shall be substituted;

(iv) in sub-heading No. 5513.31, for the entry in column (4), the entry "30% or Rs. 21 per sq. mtr., whichever is higher" shall be substituted;

(v) in sub-heading No. 5513.33, for the entry in column (4), the entry "35% or Rs. 22 per sq. mtr., whichever is higher" shall be substituted;

(vi) in sub-heading No. 5513.39, for the entry in column (4), the entry "35% or Rs. 125 per kg. or Rs. 30 per sq. mtr., whichever is highest" shall be substituted;

(vii) in sub-heading No. 5513.41, for the entry in column (4), the entry "30% or Rs. 25 per sq. mtr., whichever is higher" shall be substituted;

(viii) in sub-heading No. 5513.42, for the entry in column (4), the entry "35% or Rs. 12 per sq. mtr., whichever is higher" shall be substituted;

(ix) in sub-heading No. 5513.43, for the entry in column (4), the entry "35% or Rs. 20 per sq. mtr., whichever is higher" shall be substituted;

(x) in sub-heading No. 5514.21, for the entry in column (4), the entry "35% or Rs. 100 per kg. or Rs. 30 per sq. mtr., whichever is highest" shall be substituted;

(xi) in sub-heading No. 5514.31, for the entry in column (4), the entry "35% or Rs. 64 per sq. mtr., whichever is higher" shall be substituted;

(xii) in sub-heading No. 5514.32, for the entry in column (4), the entry "30% or Rs. 43 per sq. mtr., whichever is higher" shall be substituted;

(xiii) in sub-heading No. 5514.39, for the entry in column (4), the entry "30% or Rs. 31 per sq. mtr., whichever is higher" shall be substituted;

(xiv) in sub-heading No. 5514.41, for the entry in column (4), the entry "30% or Rs. 26 per sq. mtr., whichever is higher" shall be substituted;

(xv) in sub-heading No. 5514.43, for the entry in column (4), the entry "35% or Rs. 31 per sq. mtr., whichever is higher" shall be substituted;

(xvi) in sub-heading No. 5515.11, for the entry in column (4), the entry "30% or Rs. 40 per sq. mtr., whichever is higher" shall be substituted;

(xvii) in sub-heading No. 5515.19, for the entry in column (4), the entry "30% or Rs. 45 per sq. mtr., whichever is higher" shall be substituted;

(xviii) in sub-heading No. 5515.21, for the entry in column (4), the entry "35% or Rs. 79 per sq. mtr., whichever is higher" shall be substituted;

(xix) in sub-heading No. 5515.29, for the entry in column (4), the entry "30% or Rs. 30 per sq. mtr., whichever is higher" shall be substituted;

(xx) in sub-heading No. 5515.91, for the entry in column (4), the entry "35% or Rs. 57 per sq. mtr., whichever is higher" shall be substituted;

(xxi) in sub-heading No. 5515.92, for the entry in column (4), the entry "35% or Rs. 55 per sq. mtr., whichever is higher" shall be substituted;

(xxii) in sub-heading No. 5515.99, for the entry in column (4), the entry "30% or Rs. 35 per sq. mtr., whichever is higher" shall be substituted;

(xxiii) in sub-heading No. 5516.12, for the entry in column (4), the entry "35% or Rs. 35 per sq. mtr., whichever is higher" shall be substituted;

(xxiv) in sub-heading No. 5516.13, for the entry in column (4), the entry "35% or Rs. 40 per sq. mtr., whichever is higher" shall be substituted;

(xxv) in sub-heading Nos. 5516.22 and 5516.23, for the entry in column (4) occurring against each of them, the entry "35% or Rs. 150 per kg., whichever is higher" shall be substituted;

(xxvi) in sub-heading No. 5516.94, for the entry in column (4), the entry "35% or Rs. 40 per sq. mtr., whichever is higher" shall be substituted;

(10) in Chapter 58 --

(i) in sub-heading No. 5801.35, for the entry in column (4), the entry "25% or Rs. 68 per sq. mtr., whichever is higher" shall be substituted;

(ii) in sub-heading No. 5802.30, for the entry in column (4), the entry "35% or Rs. 150 per kg., whichever is higher" shall be substituted;

(11) in Chapter 61 --

(i) in sub-heading No. 6104.19, for the entry in column (4), the entry "35% or Rs. 460 per piece, whichever is higher" shall be substituted;

(ii) in sub-heading Nos. 6104.62 and 6104.63, for the entry in column (4) occurring against each of them, the entry "35% or Rs. 98 per piece, whichever is higher" shall be substituted;

(iii) in sub-heading Nos. 6105.10 and 6105.20, for the entry in column (4) occurring against each of them, the entry "35% or Rs. 83 per piece, whichever is higher" shall be substituted;

(iv) in sub-heading No. 6105.90, for the entry in column (4), the entry "35% or Rs. 90 per piece, whichever is higher" shall be substituted;

(v) in sub-heading No. 6106.10, for the entry in column (4), the entry "35% or Rs. 90 per piece, whichever is higher" shall be substituted;

(vi) in sub-heading No. 6107.11, for the entry in column (4), the entry "35% or Rs. 24 per piece, whichever is higher" shall be substituted;

(vii) in sub-heading Nos. 6108.21 and 6108.22, for the entry in column (4) occurring against each of them, the entry "35% or Rs. 25 per piece, whichever is higher" shall be substituted;

(viii) in sub-heading No. 6108.91, for the entry in column (4), the entry "35% or Rs. 65 per piece, whichever is higher" shall be substituted;

(ix) in sub-heading No. 6108.92, for the entry in column (4), the entry "35% or Rs. 60 per piece, whichever is higher" shall be substituted;

(x) in sub-heading No. 6109.10, for the entry in column (4), the entry "35% or Rs. 45 per piece, whichever is higher" shall be substituted;

(xi) in sub-heading No. 6109.90, for the entry in column (4), the entry "35% or Rs. 50 per piece, whichever is higher" shall be substituted;

(xii) in sub-heading No. 6110.20, for the entry in column (4), the entry "35% or Rs. 85 per piece, whichever is higher" shall be substituted;

(xiii) in sub-heading No. 6110.30, for the entry in column (4), the entry "35% or Rs. 110 per piece, whichever is higher" shall be substituted;

(xiv) in sub-heading No. 6110.90, for the entry in column (4), the entry "35% or Rs. 105 per piece, whichever is higher" shall be substituted;

(12) in Chapter 62 --

(i) in sub-heading No. 6201.13, for the entry in column (4), the entry "35% or Rs. 320 per piece, whichever is higher" shall be substituted;

(ii) in sub-heading No. 6201.92, for the entry in column (4), the entry "35% or Rs. 210 per piece, whichever is higher" shall be substituted;

(iii) in sub-heading No. 6201.93, for the entry in column (4), the entry "35% or Rs. 180 per piece, whichever is higher" shall be substituted;

(iv) in sub-heading No. 6202.12, for the entry in column (4), the entry "35% or Rs. 210 per piece, whichever is higher" shall be substituted;

(v) in sub-heading No. 6202.92, for the entry in column (4), the entry "35% or Rs. 160 per piece, whichever is higher" shall be substituted;

(vi) in sub-heading No. 6203.32, for the entry in column (4), the entry "35% or Rs. 440 per piece, whichever is higher" shall be substituted;

(vii) in sub-heading No. 6203.33, for the entry in column (4), the entry "35% or Rs. 320 per piece, whichever is higher" shall be substituted;

(viii) in sub-heading No. 6203.39, for the entry in column (4), the entry "35% or Rs. 755 per piece, whichever is higher" shall be substituted;

(ix) in sub-heading No. 6203.42, for the entry in column (4), the entry "35% or Rs. 135 per piece, whichever is higher" shall be substituted;

(x) in sub-heading Nos. 6203.43 and 6203.49, for the entry in column (4) occurring against each of them, the entry "35% or Rs. 110 per piece, whichever is higher" shall be substituted;

(xi) in sub-heading Nos. 6204.11 and 6204.13, for the entry in column (4) occurring against each of them, the entry "35% or Rs. 550 per piece, whichever is higher" shall be substituted;

(xii) in sub-heading No. 6204.19, for the entry in column (4), the entry "35% or Rs. 500 per piece, whichever is higher" shall be substituted;

(xiii) in sub-heading No. 6204.31, for the entry in column (4), the entry "35% or Rs. 370 per piece, whichever is higher" shall be substituted;

(xiv) in sub-heading No. 6204.32, for the entry in column (4), the entry "35% or Rs. 650 per piece, whichever is higher" shall be substituted;

(xv) in sub-heading No. 6204.33, for the entry in column (4), the entry "35% or Rs. 390 per piece, whichever is higher" shall be substituted;

(xvi) in sub-heading No. 6204.39, for the entry in column (4), the entry "35% or Rs. 350 per piece, whichever is higher" shall be substituted;

(xvii) in sub-heading No. 6204.42, for the entry in column (4), the entry "35% or Rs. 116 per piece, whichever is higher" shall be substituted;

(xviii) in sub-heading Nos. 6204.62 and 6204.69, for the entry in column (4) occurring against each of them, the entry "35% or Rs. 135 per piece, whichever is higher" shall be substituted;

(xix) in sub-heading No. 6205.20, for the entry in column (4), the entry "35% or Rs. 85 per piece, whichever is higher" shall be substituted;

(xx) in sub-heading No. 6205.30, for the entry in column (4), the entry "35% or Rs. 120 per piece, whichever is higher" shall be substituted;

(xxi) in sub-heading No. 6205.90, for the entry in column (4), the entry "35% or Rs. 95 per piece, whichever is higher" shall be substituted;

(xxii) in sub-heading No. 6206.30, for the entry in column (4), the entry "35% or Rs. 95 per piece, whichever is higher" shall be substituted;

(xxiii) in sub-heading No. 6206.40, for the entry in column (4), the entry "35% or Rs. 120 per piece, whichever is higher" shall be substituted;

(xxiv) in sub-heading No. 6207.11, for the entry in column (4), the entry "35% or Rs. 28 per piece, whichever is higher" shall be substituted;

(xxv) in sub-heading No. 6207.19, for the entry in column (4), the entry "35% or Rs. 30 per piece, whichever is higher" shall be substituted;

(xxvi) in sub-heading No. 6207.99, for the entry in column (4), the entry "35% or Rs. 70 per piece, whichever is higher" shall be substituted;

(xxvii) in sub-heading No. 6208.11, for the entry in column (4), the entry "35% or Rs. 80 per piece, whichever is higher" shall be substituted;

(xxviii) in sub-heading No. 6208.19, for the entry in column (4), the entry "35% or Rs. 60 per piece, whichever is higher" shall be substituted;

(xxix) in sub-heading No. 6208.91, for the entry in column (4), the entry "35% or Rs. 95 per piece, whichever is higher" shall be substituted;

(xxx) in sub-heading No. 6208.92, for the entry in column (4), the entry "35% or Rs. 65 per piece, whichever is higher" shall be substituted;

(xxxi) in sub-heading Nos. 6210.40 and 6210.50, for the entry in column (4) occurring against each of them, the entry "35% or Rs. 65 per piece, whichever is higher" shall be substituted;

(xxxii) in sub-heading No. 6214.10, for the entry in column (4), the entry "35% or Rs. 390 per piece, whichever is higher" shall be substituted;

(13) in Chapter 63, in sub-heading No. 6301.20, for the entry in column (4), the entry "35% or Rs. 275 per piece, whichever is higher" shall be substituted;

(14) in Chapter 70 --

(i) in sub-heading No. 7019.19, for the entry in column (4), the entry "20% " shall be substituted;

(ii) in sub-heading No. 7019.51, for the entry in column (4), the entry "25% " shall be substituted;

(15) in Chapter 84,--

(i) in sub-heading No. 8456.91 for the entry in column (4), the entry "Free" shall be substituted;

(ii) in sub-heading Nos. 8469.11, 8470.10, 8470.21, 8470.29, 8470.30, 8470.40, 8470.50, 8470.90, 8473.21 and 8473.29 for the entry in column (4) occurring against each of them, the entry "15%" shall be substituted;

(16) in Chapter 85 --

(i) in sub-heading Nos. 8517.11, 8517.19, 8517.21, 8517.22, 8517.30, 8517.50, 8517.80, 8520.20, 8523.11, 8523.12, 8523.13, 8523.20, 8523.90, 8524.31, 8524.40, 8524.91, 8525.20, 8531.20, 8532.10, 8532.22, 8532.23, 8532.25, 8532.29 and 8532.30, for the entry in column (4) occurring against each of them, the entry "15%" shall be substituted;

(ii) in sub-heading No. 8543.11, for the entry in column (4), the entry " Free" shall be substituted;

(iii) in sub-heading Nos. 8543.81 and 8544.70, for the entry in column (4) occurring against each of them, the entry "15%" shall be substituted;

(17) in Chapter 87 --

(i) in sub-heading Nos. 8703.10, 8703.21, 8703.22, 8703.23, 8703.24, 8703.31, 8703.32, 8703.33 and 8703.90, for the entry in column (4) occurring against each of them, the entry "105%" shall be substituted;

(ii) in sub-heading Nos. 8711.10, 8711.20, 8711.30, 8711.40, 8711.50 and 8711.90, for the entry in column (4) occurring against each of them, the entry " 105%" shall be substituted;

(18) in Chapter 90 --

(i) in sub-heading Nos. 9009.11, 9009.21, 9009.90, 9026.10 and 9030.40, for the entry in column (4) occurring against each of them, the entry "15%" shall be substituted;

(ii) in sub-heading No. 9031.41, for the entry in column (4), the entry "Free" shall be substituted.

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