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of <h1>Finance Act 1994 Amends Excise Duties: Rs. 350 for Some, 10% for Others, Nil for Select Goods</h1> The Fifth Schedule of the Finance Act, 1994, amends the Additional Duties of Excise (Goods of Special Importance) Act. It specifies changes to excise duties for various sub-headings. For sub-headings 2403.11 and 2403.21, the duty is set at Rs. 350 per thousand. Sub-headings 2404.49 and 2404.60 have a 10% duty, while sub-headings 5107.24, 5107.32, 5107.42, and 5107.92 are set to Nil. Other sub-headings, including 5206.00 to 6001.12, have duties ranging from 5% to 20%, reflecting adjustments in excise tax rates across different goods categories.
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