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<h1>Finance Act 1974 amends Mineral Products Act: New tax rates set for kilolitres and metric tonnes in section 3.</h1> The Third Schedule of the Finance Act, 1974, amends the Mineral Products Act by updating the tax rates specified in section 3. For Item 3, the tax is revised to 'Two thousand rupees per kilolitre at fifteen degrees of Centigrade thermometer.' For Item 7, the tax is changed to 'Two thousand rupees per metric tonne.' These amendments adjust the financial obligations associated with the specified mineral products.