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<h1>Finance Bill 2015: Customs Tariff Act Duty Rates Amended; New Rates for Chapters 27, 72, 73, and 87</h1> The Second Schedule of the Finance Bill, 2015, amends the Customs Tariff Act by altering duty rates. In Chapter 27, the tariff rate for item 2701 12 00 is changed to 10%. In Chapters 72 and 73, the tariff rates for all items are adjusted to 15%. In Chapter 87, the tariff rate for items under headings 8702 and 8704 is modified to 40%.