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<h1>Finance Act 1989: Revised Excise Duty Rates on Oils, Gases, Textiles, Metals, and Machinery in Fourth Schedule.</h1> The Fourth Schedule of the Finance Act, 1989, outlines amendments to the Central Excise Tariff Act. It revises duty rates for various goods across multiple chapters, including excise duties on oils, gases, chemicals, textiles, metals, and machinery. Specific changes include adjustments in duty rates per tonne or kilogram, percentage-based duties, and the introduction of new sub-headings for certain products. Notable amendments include the substitution of entries for petroleum products, textiles, and metals, reflecting updated tax rates and classifications. The schedule aims to streamline and update excise duties in accordance with current economic and industrial conditions.