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of <h1>India Offers Excise Duty Exemptions to Boost Industry in North Eastern States & Jammu & Kashmir; Conditions Apply</h1> The Government of India has introduced excise duty exemption schemes to encourage industrial development in the North Eastern states and Jammu & Kashmir. These schemes offer exemptions from basic and additional excise duties, provided manufacturers utilize their entire Cenvat credit before paying the remaining duty in cash. Refunds of paid duties are processed monthly. The exemptions apply to new industrial units and those undergoing significant expansion within specified timeframes. Certain goods, such as tobacco products and soft drinks, are excluded. The exemptions are valid for up to 10 years from the commencement of commercial production, with specific conditions for eligibility.
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