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of <h1>Government Exempts Specific Cotton Fabrics from Excise Duties; Varies Rates Based on Processing Method and Polyester Content</h1> The Central Government, under the Central Excises and Salt Act, 1944, and the Additional Duties of Excise Act, 1957, exempts certain cotton fabrics from excise duties exceeding specified rates. The exemptions apply to cotton fabrics used in manufacturing cotton absorbent lint, Khadi, Poly Vastra, and fabrics processed without power or steam. Additionally, fabrics processed with power or steam, woven on handlooms by approved entities, have varying duty rates based on their polyester content and value per square meter. The notification also defines terms such as 'independent processor' and clarifies the processing conditions for exemption eligibility.
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