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<h1>Finance Bill 2016: Central Excise Act Amendments Introduce New Entries and Update Descriptions for Various Goods</h1> The Fifth Schedule of the Finance Bill, 2016, amends the Third Schedule of the Central Excise Act. It replaces entries for S. Nos. 40 and 41 with new descriptions for goods under headings 3401 and 3402. It introduces a new entry, S. No. 63A, for goods under heading 7607 and another entry, S. No. 81D, for wrist wearable devices under heading 8517 62. Additionally, it updates the description for S. Nos. 100 and 100A by including 'accessories' alongside 'parts, components, and assemblies.'