https://www.taxtmi.com/acts?id=54051 The Third Schedule to the Finance Act, 2006 amends the First Schedule to the Customs Tariff Act by substituting revised customs duty rates across numerous tariff headings and items. The amendments mainly standardise column (4) entries to 12.5% for goods in Chapters 25 to 98, subject to specified exceptions. Some tariff items are assigned mixed rates of 12.5% or a fixed amount per unit, kilogram, square metre, or piece, whichever is higher, while a limited number of items retain distinct rates such as 60%, 10% and 5%. en-us Wed, 08 Apr 2026 11:09:22 +0530 Wed, 08 Apr 2026 11:09:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=54051 The Third Schedule to the Finance Act, 2006 amends the First Schedule to the Customs Tariff Act by substituting revised customs duty rates across numerous tariff headings and items. The amendments mainly standardise column (4) entries to 12.5% for goods in Chapters 25 to 98, subject to specified exceptions. Some tariff items are assigned mixed rates of 12.5% or a fixed amount per unit, kilogram, square metre, or piece, whichever is higher, while a limited number of items retain distinct rates such as 60%, 10% and 5%. Act-Rules F. Acts / Amendment Acts Wed, 08 Apr 2026 11:09:22 +0530 https://www.taxtmi.com/acts?id=54051