Statute → case law

See how courts applied this provision

Jump to judgments under this act, then open an AI Brief on any order. Semantic Search helps you ask in plain English.

AI Brief & Ask
Semantic AI Search

Try free for 7 days Explore AI Studio

Credentials emailed - log in to pick up where you left off.

TypeBare Act JurisdictionCentral Government Enacted1972

Finance Act 1972 Schedule II

Second Schedule

~1 min read

https://sooperkanoon.com/act/36363

Bare act section · Research

About this section

Finance Act 1972 Schedule II is part of Finance Act 1972 - 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.

Find citing judgments Supreme Court, High Courts & tribunals Advanced act search Filter by court, year, and more

Section Text

The Second Schedule

[See section 61]

Part I

In the First Schedule to the Tariff Act, in Item No. 28(28)(b), for each of the entries in the fifth and sixth columns, the entry "60 per cent. ad valorem." shall be substituted.

Part II

Item No.	Name of article	Nature of duty	Standard rate of duty	Preferential rate of duty if the article is the produce or manufacutre of		Duration of protective rates of duty
				The United Kingdom	A British Colony
1	2	3	4	5	6	7
In the First Schedule to the Tariff Act, for the Intem No. 2(5) (b), the following Item shall be substituted, namely:-
"22(5) (b)	Drugs and medicines containing spirit	Proferential revenue	Rs. 14.40 per litre or 60 per cent. ad valorem whichever is higher, plus Rs. 5.00	Rs. 14.40 per litre or 60 per cent. ad valorem, whichever is higher, plus Rs. 5.00	Rs. 14.40 per litre or 60 per cent. ad valorem whichever is higher, Rs. 5.00 per litre

Frequently asked questions

What does Finance Act 1972 Schedule II provide?

Section Schedule II of the Finance Act 1972 (Second Schedule) is reproduced on this page as part of the Finance Act 1972. 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 1972 Schedule II?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act 1972 Schedule II. 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.

AI Briefs · Semantic Search · Save & annotate judgments

Start your 7-day free trial

See how courts applied this provision

About this section

Section Text

Frequently asked questions

Brief any judgment in 18 sections.