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of <h1>India Rescinds 2015 Excise Notification: New 2018 Update Under Finance Act Section 133 and Central Excise Act Section 5A.</h1> The Government of India, through the Ministry of Finance, has issued Notification No. 02/2018-Central Excise, dated February 2, 2018, to rescind Notification No. 11/2015-Central Excise, which was initially dated March 1, 2015. This action is taken under the authority of section 133 of the Finance Act, 1999, and section 5A of the Central Excise Act, 1944, in the interest of public welfare. The rescission does not affect actions completed or omitted before this notification.
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