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of <h1>Finance Act 1986 amends Customs Tariff Act 1975 to update indirect tax provisions for current fiscal needs.</h1> The Finance Act of 1986 introduces amendments to the Customs Tariff Act of 1975. These changes are outlined in the Second Schedule of the Act, focusing on indirect taxes related to customs. The amendments aim to update the provisions of the original 1975 legislation to align with current fiscal policies and regulatory requirements.
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