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of <h1>Steel Bead Wire Rings Exempted from Excise Duty (1986-1988) Under Section 11C Notification</h1> The Central Government issued a notification under Section 11C of the Central Excises and Salt Act, 1944, exempting steel bead wire rings, classified under Chapter 73 of the Central Excise Tariff Act, 1985, from excise duty. These rings, used in manufacturing cycle and cycle rickshaw tires, were not subject to excise duty from March 1, 1986, to May 12, 1988, due to a prevalent practice. The notification confirms that no excise duty will be required for this period on such rings, aligning with the established practice.
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