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of <h1>Finance Bill 2011: Updates to Central Excise Tariff Act, Adjusting Duty Rates and Classifications for Various Goods</h1> The Eleventh Schedule of the Finance Bill, 2011, amends the Central Excise Tariff Act by updating tariff classifications and duty rates for various goods. These amendments include changes to tariff items and descriptions across several chapters, covering a wide range of products such as animals, fish, fruits, vegetables, cereals, paper, textiles, chemicals, metals, machinery, and consumer goods. The schedule introduces new tariff items, modifies existing ones, and adjusts duty rates, often setting them to 'Nil' or specific percentages. These changes aim to align with international standards and support trade and economic policies.
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