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of <h1>Ministry of Finance Updates Excise Duty Rates in Corrigendum to Notification No. 16/2016 for Items Priced Between Rs. 6-9.</h1> The corrigendum to Notification No. 16/2016 Central Excise, dated March 1, 2016, issued by the Ministry of Finance, Department of Revenue, amends specific entries in Tables 1 and 2 of the original notification. The revisions involve changes to the rates and figures for excise duties on items exceeding certain price ranges. In Table 1, for items priced between Rs. 6.00 and Rs. 9.00, the figures have been updated to higher values, reflecting changes in excise duty calculations. Similarly, Table 2 has been adjusted to reflect updated figures for the same price ranges, indicating revised excise duty rates.
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