Excise duty reduction on specified textile intermediates and polyester chips lowers effective rates for listed tariff items. Amendment inserts new tariff entries into the principal central excise notification to reduce the effective excise duty rates on specified chemical inputs-p-xylene, mono ethylene glycol (MEG), pure terephthalic acid (PTA), dimethyl terephthalate (DMT), acrylonitrile-and adds a reduced-rate entry for polyester chips, altering the duty schedule for these textile intermediates.
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Excise duty reduction on specified textile intermediates and polyester chips lowers effective rates for listed tariff items.
Amendment inserts new tariff entries into the principal central excise notification to reduce the effective excise duty rates on specified chemical inputs-p-xylene, mono ethylene glycol (MEG), pure terephthalic acid (PTA), dimethyl terephthalate (DMT), acrylonitrile-and adds a reduced-rate entry for polyester chips, altering the duty schedule for these textile intermediates.
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