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of <h1>India exempts goods in Finance Act's Seventh Schedule from additional excise duty; supersedes March 2005 notification.</h1> The Government of India, through the Ministry of Finance, has issued Notification No. 18/2017-Central Excise, dated July 1, 2017, under the authority of the Central Excise Act, 1944 and the Finance Act, 2005. This notification exempts all goods listed in the Seventh Schedule of the Finance Act, 2005, from the entire additional duty of excise. This action supersedes a previous notification from March 1, 2005, except for actions taken before the supersession. The exemption is deemed necessary in the public interest.
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