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<h1>Concessional Excise Duty Rate on Polyester Films Applies Even if Chips Have Nil Duty: Clarification Issued.</h1> A clarification has been issued regarding the applicability of a concessional excise duty rate on polyester films made from polyester chips, as outlined in Notification No. 269/86-CE dated April 24, 1986. The concern was whether the concessional rate applies when polyester chips are exempt from excise duty. It is clarified that the term 'duty already paid' includes situations where the duty is 'nil.' Consequently, polyester films made from chips with a nil duty rate are eligible for the concessional rate of 25% ad valorem under the Central Excises & Salt Act, 1944.