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of <h1>Section 103 updates First Schedule of Customs Tariff Act with Second and Third Schedule amendments effective 1 May 2025</h1> Section 103 amends the First Schedule of the Customs Tariff Act by specifying alterations set out in the Second Schedule and further mandates additional amendments, effective 1 May 2025, as detailed in the Third Schedule, thereby updating tariff classifications and rates as prescribed by the Finance Act, 2025.
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