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<h1>Finance Bill 2021 amends Central Excise Act, correcting tariff item entries with retrospective effect from January 1, 2020.</h1> Clause 97 of the Finance Bill, 2021 amends Chapter 27 of the Fourth Schedule to the Central Excise Act. It rectifies entries for specific tariff items with retrospective effect from January 1, 2020. For tariff item 2710 12 49, the entry is updated to 'M15 Fuel conforming to standard IS 17076.' For tariff items 2710 20 10 and 2710 20 20, the entries are changed to '14% + 15.00 per litre.' These amendments address errors in the original entries to ensure compliance with the specified standards and tax rates.