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          <h1>Finance Bill 2012: Tariff Changes on Tobacco, Iron Ore, Metals, and Vehicles; New Rules in Customs Tariff Act</h1> The Third Schedule of the Finance Bill, 2012, amends various chapters of the Customs Tariff Act. In Chapter 24, the size specification for certain tobacco products is changed from 60 to 65 millimeters. Chapter 26 revises tariff items for iron ore based on iron content, imposing a 10% duty. Chapter 48 introduces a new note regarding classification of printed paper products. Amendments in Chapters 74, 75, 76, 78, and 79 involve changes to tariff descriptions and ISRI code words for various metal scraps, including copper, nickel, aluminum, lead, and zinc. Chapter 87 adjusts duty rates for specific vehicle parts and bicycles.

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