General Explanatory Notes :

There are two general explanatory notes included in the First Schedule. They are-

(a) Relevance of one dash [“-“], two dash [“–“] and three dash [“—“].

•  Where in column (2) of this Schedule, the description of an article or group of articles under a heading is preceded by “-“, the said article or group of articles shall be taken to be a sub-classification of the article or group of articles covered by the said heading.
•  Where, however, the description of an article/group of articles is preceded by “- -“, the said article or group of articles shall be taken to be a sub-classification of the immediately preceding description of the article or group of articles which has “-“.
•  Where the description of an article or group of articles is preceded by “- -“ or “- – -“, the said article or group of articles shall be taken to be a sub-classification of the immediately preceding description of the article/group of articles which has “-“ or “- -“.

(b) Meaning of abbreviation “%” in relation to the rate of duty

The abbreviation “%” in column (4) of this Schedule in relation to the rate of duty indicates that duty on the goods shall be charged on the value of the goods* on the basis of the percentage specified.

*The value of goods (referred to above) is the value fixed, defined or deemed to be, as the case may be, under or in:-

(i) Sub-section (2) read with section 3(3) -Tariff value

(ii) Section 4-Transaction value

(iii) Section 4A of the Central Excise Act, 1944-Maximum Retail Price