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of <h1>Finance Act 1973: Tariff Act Amendments Revise Duties, Require Contract Registration, and Add Stainless Steel Duty</h1> The Second Schedule of the Finance Act, 1973, amends the First Schedule to the Tariff Act. In Item No. 29, the duty is revised to 'Fifty paise per linear metre.' For Item No. 72A, specific wording changes include the removal of 'in advance of their importation' and the addition of a requirement for contract registration before customs clearance. Additionally, Item No. 63 (20A) is updated to include 'Stainless steel plates, sheets and strips' with a revenue duty of 200 percent ad valorem.
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