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<h1>India Amends Excise Duty Rules: Budget Changes on Cotton Goods Under Notification No. 7/2016.</h1> The Government of India, through the Ministry of Finance, has issued Notification No. 7/2016-Central Excise to amend Notification No. 7/2012-Central Excise dated 17th March 2012. This amendment pertains to budgetary changes affecting excise duties on cotton goods. Specifically, it clarifies that cotton goods not containing other textile materials, except those with a brand name or retailing at Rs. 1000 and above, are included under this notification. The amendment further explains that such goods may include items made from cotton fabrics with non-cotton sewing accessories. This notification was issued under the authority of the Central Excise Act, 1944.