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of <h1>Finance Act 1986 Expands Excise Duties: Adds Metallised Yarn and Embroidery Under Textile Articles List.</h1> The Fifth Schedule of the Finance Act, 1986, amends the Additional Duties of Excise (Textiles and Textile Articles) Act, 1978, by inserting new entries. After entry number 8, two new entries are added: entry number 9 for metallised yarn under heading 56.05, and entry number 10 for embroidery in the piece, in strips or in motifs under heading 58.05. This amendment specifies the goods subject to additional excise duties, expanding the scope of taxable textile articles.
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