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of <h1>India Revises Excise Duty Rates: Updates on Goods from Chapters 1-96, Valid Until March 31, 2016</h1> The Government of India has issued an amendment to Notification No. 12/2012-Central Excise-Tariff, effective from March 1, 2015. This amendment revises the effective duty rates on goods under chapters 1 to 96. Key changes include extending the validity date to March 31, 2016, adjusting duty rates for various items, and inserting new entries for specific goods such as wafers for IC modules, leather footwear, and components for solar energy systems. Certain conditions for exemptions have been updated, including the requirement for certification from the Ministry of New and Renewable Energy for specific exemptions.
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