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          <h1>Finance Act 1988: Revised Tariff Rates and Entries in Customs Tariff Act Across Multiple Chapters for Standardization.</h1> The Second Schedule of the Finance Act, 1988, amends the Customs Tariff Act by revising tariff rates and entries across various chapters. Changes include adjustments to the tariff percentages and fixed charges per kilogram for specific sub-headings in Chapters 8, 12, 22, 26, 28, 29, 38, and 39. Additionally, a clarification regarding 'Light Displacement Tonnage' is added to Chapter 89, and terminology adjustments are made in Chapter 99 concerning trade catalogues. These amendments aim to update and standardize customs duties and related provisions.

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