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of <h1>New Excise Duty Exemption Scheme for Small Units: Conditions, Thresholds, and Brand Name Restrictions Under Central Excise Act, 1944</h1> The notification, effective April 1, 1997, outlines a new excise duty exemption scheme for small-scale units under the Central Excise Act, 1944. It exempts certain clearances of specified goods for home consumption from excise duty beyond specified thresholds. The first clearances up to 30 lakhs are exempt, the next 20 lakhs are subject to a 3% duty, and the following 50 lakhs to a 5% duty. Conditions include non-availment of input duty credit and limits on aggregate clearances. The exemption excludes goods with another's brand name, except under specific conditions, and applies to specified goods listed in the annexure.
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