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of <h1>Finance Act 1982: Revised Duty Rates for Fuels, Oils, and Various Goods in Central Excises Act.</h1> The Third Schedule of the Finance Act, 1982, amends the Central Excises Act by revising duty rates and descriptions for various goods. Key changes include adjustments to the flash point definition for certain oils and updates to duty rates for kerosene, aviation turbine fuel, refined diesel oils, and furnace oil. New classifications and duty rates are introduced for coal, coke, petroleum products, artificial resins, wood products, paper, electronic devices, and sound recording media. The amendments specify methods for determining characteristics like smoke point, viscosity, and carbon residue, and exclude certain items from specific categories.
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