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<h1>Central Excise Act's Third Schedule: Excise Duty on Goods from Milk to Electronics Explained in Detail</h1> The Third Schedule of the Central Excise Act, 1944, outlines various goods subject to excise duty, categorized by headings, sub-headings, or tariff items as per the Central Excise Tariff Act, 1985. It includes a wide range of products such as concentrated milk, sugar preparations, cocoa products, biscuits, ice cream, pan masala, lubricating oils, vaccines, medicaments, synthetic organic products, dyes, perfumes, toothpaste, sanitary ware, household appliances, electronic devices, and more. The schedule specifies the classification and description of goods for taxation purposes, providing a comprehensive list of items subject to central excise duties.