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of <h1>India Revises Central Excise Rates: New Exemptions for Liquefied Gases, Solar Components, Agricultural Machinery, and More</h1> The Government of India has issued amendments to Notification No. 12/2012-Central Excise, adjusting the effective rates of duty for various goods under central excise. Key changes include the substitution of duty rates and the introduction of exemptions for specific items such as liquefied gases, solar photovoltaic components, and machinery for agricultural processing. New entries have been added for products like security paper components and reverse osmosis membranes, while certain conditions for duty exemptions require certification from relevant authorities. These changes aim to support sectors like renewable energy, agriculture, and public health by reducing excise duties on essential goods and components.
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