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<h1>Finance Act 1972: Excise Duty Rates Revised for Tobacco Products, Including 100% Ad Valorem on Manufactured Tobacco</h1> The Fourth Schedule of the Finance Act, 1972, amends the Additional Duties of Excise Act. It revises the excise duty rates on various tobacco products. For unmanufactured tobacco, specific monetary amounts replace previous entries, ranging from ten paise to five rupees and fifty paise. For manufactured tobacco, the duty is set at one hundred percent ad valorem. Additionally, for Item No. 22, the duty is updated to seven and a half percent ad valorem plus two rupees per square meter. These changes adjust the excise duties applicable to these items under the Act.