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    <title>Amendment of Fourth Schedule.</title>
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    <description>Clause 98 inserts two new tariff items under sub heading 2710 12 in Chapter 27 of the Fourth Schedule to the Central Excise Act to create distinct excise classifications for ethanol blended petrol variants in line with BIS specification IS 17586, and aligns these entries with corresponding proposed amendments to sub heading 2710 12 in the First Schedule to the Customs Tariff Act; the amendment takes effect on enactment of the Finance Bill, 2022.</description>
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      <description>Clause 98 inserts two new tariff items under sub heading 2710 12 in Chapter 27 of the Fourth Schedule to the Central Excise Act to create distinct excise classifications for ethanol blended petrol variants in line with BIS specification IS 17586, and aligns these entries with corresponding proposed amendments to sub heading 2710 12 in the First Schedule to the Customs Tariff Act; the amendment takes effect on enactment of the Finance Bill, 2022.</description>
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