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<h1>Finance Act 1980: Excise Duty Rates Revised for Metals, Fabrics, and More; New Items Added.</h1> The Third Schedule of the Finance (No. 2) Act, 1980, amends various items in the First Schedule to the Central Excises Act. It revises the ad valorem duty rates for several items, including increasing the duty to fifteen percent for Items 14A, 14B, 14G, and 15C, and ten percent for Item 16AA. It also modifies descriptions and explanations for items involving copper, zinc, lead, and other materials. New items are inserted, such as molasses and plywood, with specified duty rates. The schedule further clarifies definitions and duty rates for cotton and man-made fabrics, mineral fibers, and aluminum containers, among others.