Sixth Schedule Of Finance Act 2018 THE SIXTH SCHEDULE (See sections 111 and 112) Item No. Description of goods Rate (1) (2) (3) 1. Motor spirit commonly known as petrol Rupee 8 per litre 2. High speed diesel oil Rupee 8 per litre Finance Act 2018 : Assented by President : Download Print Notification
Fifth Schedule Of Finance Act 2018 THE FIFTH SCHEDULE (See sections 108 and 109) Year No. Short title of enactments Extent of repeal (1) (2) (3) (4) 1998 21 The Finance (No.2) Act, 1998 Sections 103 and 111 1999 27 The Finance Act, 1999 Sections 116 and 133 2004 23 The Finance (No.2) Act, 2004 Chapter… Read More »
Fourth Schedule Of Finance Act 2018 THE FOURTH SCHEDULE [See section 104 (b)] In the Second Schedule to the Customs Tariff Act, after Sl. No. 49 and the entries relating thereto, the following Sl. No. and entries shall be inserted, namely:– (1) (2) (3) (4) “50 8545 11 00 Electrodes of a kind used for furnaces… Read More »
Third Schedule Of Finance Act 2018 THE THIRD SCHEDULE [See section 103 (b)] In the First Schedule to the Customs Tariff Act,– (1) in Chapter 7, for tariff item 0713 31 00 and the entries relating thereto, the following shall be substituted, namely:— (1) (2) (3) (4) (5) “0713 31 — Beans of the species Vigna… Read More »
Second Schedule Of Finance Act 2018 THE SECOND SCHEDULE [See section 103 (a)] In the First Schedule to the Customs Tariff Act,– (1) in Chapter 20, for the entry in column (4) occurring against all the tariff items of heading 2009 (except tariff items 2009 11 00, 2009 12 00 and 2009 19 00), the entry… Read More »
Section 122 of Finance Act 2018 [Section 122 of Finance Act 2018 deals with Amendment of section 6 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 6 122. In section 6 of the principal Act, for the words, brackets, figures and letter “any such Bank or any officer empowered under sub-section (4) of section 4A”, the… Read More »
Section 124 of Finance Act 2018 [Section 124 of Finance Act 2018 deals with Insertion of new section 7A and is covered in CHAPTER VIII MISCELLANEOUS] Insertion of new section 7A 124. After section 7 of the principal Act, the following section shall be inserted, namely:— “7A. Power to call for information.—The Central Government through any designated authority, may… Read More »
Section 125 of Finance Act 2018 [Section 125 of Finance Act 2018 deals with Amendment of section 8 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 8 125. In section 8 of the principal Act, for the words “three thousand rupees”, the words “the prescribed limit” shall be substituted. Finance Act 2018 : Assented by President… Read More »
Section 123 of Finance Act 2018 [Section 123 of Finance Act 2018 deals with Amendment of section 7 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 7 123. In section 7 of the principal Act, for the words, brackets, figures and letter “any such Bank or any officer empowered under sub-section (4) of section 4A”, the… Read More »
Section 121 of Finance Act 2018 [Section 121 of Finance Act 2018 deals with Amendment of section 5 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 5 121. In section 5 of the principal Act,— (i) for the words “But nothing”, the word “Nothing” shall be substituted; (ii) for the words “And any creditor”, the words… Read More »