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of <h1>Finance Act, 2000 revises Customs Tariff Act rates: 35% standard, 100% for meats, 210% for alcohol, specifics for textiles.</h1> The Second Schedule of the Finance Act, 2000, amends the Customs Tariff Act by revising tariff rates for various goods categorized under different chapters. The amendments involve changing the percentage rates in column (4) for numerous sub-headings across chapters, with many entries being adjusted to a standard rate of 35%. Specific items have different rates, such as 100% for certain meat products, 210% for certain alcoholic beverages, and specific rates for textiles and apparel based on weight or area. These changes aim to standardize and update the tariff structure for imported goods.
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