<h1>Excise Duty Exemptions Extended for Goods in Designated Regions, Including Jammu & Kashmir and North East India.</h1> The government has extended excise duty exemptions for specific goods produced in designated regions, including Jammu and Kashmir, Uttarakhand, Himachal Pradesh, Sikkim, the North East Region, and Kutch district of Gujarat. These exemptions are part of industrial policies, except for Kutch, where the exemption followed a 2001 earthquake. Eligible units in the North East, Jammu and Kashmir, Uttarakhand, and Himachal Pradesh receive a ten-year exemption, while Kutch units receive five years. The estimated revenue foregone due to these exemptions amounted to Rs. 1,502 crores in 2004-05, Rs. 4,150 crores in 2005-06, and Rs. 7,000 crores in 2006-07.