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<h1>Notification Exempts Specific Goods from Rule 174 Under Central Excise Rules; Conditions for Manufacturers Apply</h1> The Central Government issued Notification No. 11/88-C.E. (N.T.) on April 15, 1988, under the Central Excise Rules, 1944, exempting certain goods from Rule 174. This exemption applies to goods specified in the Central Excise Tariff Act, 1985, that are either charged a nil duty rate or exempt from excise duty. Manufacturers must declare and undertake specified conditions when claiming this exemption. The exemption does not apply if the aggregate value of goods cleared exceeds ten lakh rupees in a financial year. Manufacturers must apply for a Central Excise Licence and maintain records as prescribed.