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of <h1>Finance Bill 2011: Clause 75 Amendment Removes Sugar, Textiles from Excise Act to Allow VAT by States</h1> Clause 75 of the Finance Bill, 2011 proposes an amendment to the First Schedule of the Additional Duties of Excise (Goods of Special Importance) Act, 1957. This amendment, detailed in the Thirteenth Schedule, aims to remove sugar and textiles from the Act's scope, allowing states to impose VAT on these goods. The amendment involves omitting specific headings, sub-headings, tariff items, and related entries for sugar (heading 1701 and tariff item 1702 90 10) and various textile products (headings 5007, 5111, 5112, 5208, 5209, 5210, 5211, 5212, 5407, 5408, 5512, 5513, 5514, 5515, 5516, 5801, 5802, 5803, 5804, 5806, 5810, 5901, 5902, 5903, 5907, 6001, 6002, 6003, 6004, 6005, and 6006).
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