Customs duty rate change: standard rate increased while a lower rate remains for specified petroleum and related goods. Section 68(1) of the Finance (No. 2) Act, 1996 is amended to replace the two per cent rate with five per cent, with a proviso that for goods under tariff heading Nos. 27.09 to 27.15 and heading No. 98.01 of the First Schedule the sub-section shall operate as if the two per cent rate remained applicable.