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of <h1>Finance Bill 2016: 4% Tax Rate on Goods Under Heading 8703 per Section 159 of Central Excise Tariff Act</h1> The Eleventh Schedule of the Finance Bill, 2016, as referenced in Section 159, specifies a 4% tax rate on all goods categorized under heading 8703 of the First Schedule to the Central Excise Tariff Act, 1985.
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