Section 4, The Finance Act, 2021

The First Schedule of the Excise Act 1982 is amendedas follows- (a) deleting the tariff item No. 15.11, the corresponding description in column 2 and the corresponding rates in column 3 and inserting the following new tariff item numbers, descriptions and excise rates on import- HEADING H. S. CODE SITC DESCRIPTION EXCISE RAT E -Vegetable oil and its fractions, whether or not refined, but not 15.11 1511.90.10.000 chemically modified. 10 % - Put up for retail sale in packings with a net content of 5 litres or less of First to Act No 6 of 1982 No. 1 Finance Act 2021 No. 1 Finance Act 20214 HEADING H. S. CODE SITC DESCRIPTION EXCISE RAT E 1511.90.90.000 - Other 10 % 1511:90:20:000 Palm Olein 10 % 1517:10:90:000 Magarine, edible 10 % mixtures or prepartion of vegetable fats or oils fractions of different fats or oils. (b) by deleting heading 34.01 and inserting the following new headings. 34.01 3401.11.00 Soaps for toilet use 20 % 3401.11.10.000 Medicated soap 3401.11.20 Toilet Soap 3401.11.90 Bath Soap 3401.19.00 Multipurpose Soap 3401.19.10 Household Soap 3401.19.30 Soap noodles 3401.19.90 Laundary Soaps 3401.20.00 Soaps in other forms 29.15 2915.60.00 Palmitic acid, steric 20 % acid their salts & esters 2915.60.00 Other salts of 2915.70.00 Palmitic acid 38.23 3823.11.00 Industrial monocar 20 % -boxylic fatty acid oils Steric acid - other forms of steric fatty acids (c) deleting the tariff item No. 22.09 , the corresponding description and excise rate and inserting the following new tariff item numbers, descriptions and excise rates - Tariff Code Description Rate of Excise 22.09 D1. Locally manufactured beer using more than 80% locally produced raw 5 % materials including sorghum, cassava, maize, sugar and barley D2. Locally manufactured beer using more than 70% but less than 80% locally 8 % produced raw materials including sorghum, cassava, maize, sugar and barley D3. Locally manufactured beer using more than 60% but less than 70 % locally 12 % produced raw materials including sorghum, cassava, maize, sugar and barley D4. Locally manufactured beer using more than 50% but less than 60% locally 15 % produced raw materials including sorghum, cassava, maize, sugar and barley No. 1 Finance Act 2021 No. 1 Finance Act 20216 (d) deleting the tariff item No.73.17 the corresponding descriptions and the corresponding rates and inserting the following tariff item numbers, descriptions and rates- HEADING H. S. CODE SITC DESCRIPTION EXCISE RATE 73.17 7317.00.10.00 - Nails 5% THE FORESTRY ACT 1988