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of <h1>Finance Bill 2019: Amendments to Customs Tariff Act Adjust Duty Rates for Goods Across Multiple Sectors</h1> The Fifth Schedule of the Finance (No. 2) Bill, 2019, outlines amendments to the Customs Tariff Act regarding various tariff items across multiple chapters. It specifies changes in the description of goods, units, and rates of duty-both standard and preferential-for items such as reptiles, meat, fish, dairy products, agricultural produce, chemicals, textiles, metals, and electronics. The amendments include modifications to tariff descriptions, corrections of scientific names, and adjustments to duty percentages. These changes aim to update and refine the classification and taxation of goods under the customs tariff framework.
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