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of <h1>Government Offers Excise Duty Exemptions for Industrial Units in Uttranchal & Himachal Pradesh Under Notifications 49/2003-CE & 50/2003-CE</h1> The Central Government has introduced exemption schemes to incentivize industrial development in Uttranchal and Himachal Pradesh. Notifications No. 49/2003-CE and 50/2003-CE provide exemptions from basic and additional excise duties for specified goods produced in these states. The exemptions apply to goods cleared from specified industrial areas and are subject to conditions such as application submission to the jurisdictional excise authorities and providing manufacturing details. Eligible units include new industrial units commencing production between January 7, 2003, and March 31, 2010, and existing units expanding capacity by 25% within the same period. The exemption is valid for up to ten years.
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