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of <h1>Finance Bill 2025 amends Customs Tariff Act: Textile tariffs now 20% or Rs. 115/kg; Electronics at 20%.</h1> The Second Schedule of the Finance Bill, 2025, amends the Customs Tariff Act of 1975. In Chapter 60, it revises the tariff rates for certain textile items, replacing the existing rates with '20% or Rs. 115 per kg, whichever is higher.' In Chapter 85, it updates the tariff rate for a specific electronic item to '20%.' These amendments alter the customs duties applicable to these goods, impacting their import costs.
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