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<h1>New 15% Excise Duty on Rubber Materials for Tire Retreading Under Notification No. 19/95 Effective April 1, 1995.</h1> The Central Government, under the Central Excises and Salt Act, 1944, has issued Notification No. 19/95, effective from April 1, 1995, imposing a 15% excise duty on rubber materials used for resoling, repairing, or retreading tires. This duty applies to tread rubber compound, tread rubber, camel-back, cushion compound, and related materials within Chapter 40 of the Central Excise Tariff Act, 1985. Exemptions are granted for manufacturers whose clearances do not exceed INR 150 lakhs annually. However, exemptions do not apply if the previous year's clearances exceeded INR 150 lakhs or if the goods bear another entity's brand or trade name.