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of <h1>Excise Duty Slashed for Textile Intermediates: New Rates for p-Xylene, Ethylene Glycol, and More Effective July 20, 2006</h1> The Central Government has amended Notification No. 4/2006-Central Excise to reduce the excise duty on certain textile intermediates. This amendment, effective from July 20, 2006, includes new entries in the notification table for products such as p-Xylene, Mono ethylene glycol, Pure terephthalic acid, Dimethyl terephthalate, Acrylonitrile, and Polyester chips, setting their excise duty rates at 8% or 12%. This change is made under the authority of the Central Excise Act, 1944, and is deemed necessary in the public interest.
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