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of <h1>Government Allows 35% Abatement on Retail Price for Soaps and Cleaning Goods Under Excise Notification No. 56/97-C.E. (N.T.)</h1> The Central Government, under the authority of the Central Excise Act, 1944, has issued a notification allowing a 35% abatement on the retail sale price for determining the assessable value of goods classified under sub-heading numbers 3401.20 and 3402.90 of the Central Excise Tariff Act, 1985. This pertains to soaps and washing/cleaning preparations. The notification, identified as No. 56/97-C.E. (N.T.), will be effective from October 1, 1997.
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