<h1>CBEC Proposes Reduction in Abatement Rates for Six Items u/s 4A; Seeks Stakeholder Feedback.</h1> The Central Board of Excise and Customs (CBEC) has issued a circular proposing to reduce abatement rates for six items under Section 4A of the Central Excise Act, 1944, which involves MRP-based assessment. The affected items include paints, color TVs, aerated water, ceramic tiles, cosmetics, and lubricants. The CBEC is seeking feedback from trade and industry stakeholders. Comments and suggestions, along with supporting documents, can be submitted by post or email to the designated officials at the Department of Revenue. This initiative invites input to potentially adjust the excise duties on these products.