Excise duty rate-setting authority shifted to Central Government by notification; revised permissible rate range expanded. Amendment substitutes the rate-setting language in subsection (1), increasing the permissible rate range and transferring authority to fix the applicable ... Summary
Excise duty rate-setting authority shifted to Central Government by notification; revised permissible rate range expanded.
Amendment substitutes the rate-setting language in subsection (1), increasing the permissible rate range and transferring authority to fix the applicable excise rate to the Central Government, to be exercised by notification in the Official Gazette.
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