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<h1>Customs Tariff Act to Amend First Schedule; Fourth Schedule Changes Effective January 1, 2017, per Finance Act 2016.</h1> The Customs Tariff Act's First Schedule is set to be amended as per the specifications in the Third and Fourth Schedules. The amendments outlined in the Fourth Schedule will take effect starting January 1, 2017. These changes are part of the Finance Act, 2016, and involve modifications to the statutory provisions related to customs tariffs.