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of <h1>Finance Act 2008 amends Central Excise Tariff Act 1985's First Schedule to update excise duties and classifications.</h1> The Finance Act, 2008 amends the First Schedule of the Central Excise Tariff Act, 1985, as specified in the Seventh Schedule. This amendment pertains to the indirect taxes related to excise tariffs under Act 5 of 1986. The changes are part of statutory provisions governing taxation, aiming to update or modify the existing excise duties and classifications within the Central Excise Tariff Act.
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