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of <h1>New Excise Duty Rates Set for Fibres, Yarns, and Fabrics Under Chapters 50-56; Some Items Exempt</h1> Notification No. 31/93-C.E., dated 28-2-1993, issued by the Central Government, supersedes Notification No. 53/91-C.E. to establish effective excise duty rates for various fibres, yarns, and fabrics under Chapters 50 to 56 of the Central Excise Tariff Act, 1985. The notification details specific rates for different types of goods, including silk, wool, cotton, and synthetic yarns, as well as fabrics made from man-made fibres. Certain items are exempt from excise duty, while others are subject to rates based on their description, composition, and manufacturing process. The notification aims to align excise duties with public interest requirements.
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