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of <h1>Finance Bill 2013: Key Changes in Customs and Excise Duties, New Rates on Goods, and Legislative Amendments.</h1> The circular outlines significant changes in Customs and Central Excise duties as proposed in the Finance Bill, 2013, effective from March 1, 2013. It includes tariff and non-tariff notifications for both Customs and Central Excise, detailing reductions and increases in duty rates on various goods such as hazelnuts, oat grains, bituminous coal, and raw silk. The document also highlights legislative changes, including amendments to advance ruling provisions, arrests, prosecutions, and procedural adjustments in the Customs Act, 1962, and Central Excise Act, 1944. The circular emphasizes smooth implementation, error avoidance, and stakeholder guidance through interactive sessions.
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