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<h1>Finance Act 2023 Updates Tobacco Tariff Rates: Rs. 230 to Rs. 850 per Thousand for Specific Items.</h1> The Sixth Schedule of the Finance Act, 2023, amends the Seventh Schedule of the Finance Act, 2001, by updating the tariff rates for specific tobacco-related items. The revised rates are as follows: Rs. 230 per thousand for tariff item 2402 20 10, Rs. 290 per thousand for 2402 20 20, Rs. 510 per thousand for 2402 20 30 and 2402 20 40, Rs. 630 per thousand for 2402 20 50, Rs. 850 per thousand for 2402 20 90, and Rs. 690 per thousand for 2402 90 10.