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<h1>Excise threshold increase raises the exemption value by substituting prior monetary wording in the Central Excise Act upon assent.</h1> Amendment of section 9 of the Central Excise Act substitutes the monetary wording in sub section (1), clause (i), replacing the previous lower monetary threshold with a higher specified threshold expressed in words; Clause 130 provides that the amendment takes effect from the date on which the Bill receives Presidential assent.