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of <h1>New Excise Duty Exemption for Flat Belts Under 15cm; Other Belts Face 30% Duty per Notification No. 25/93-C.E.</h1> The Central Government, under the Central Excises and Salt Act, 1944, has issued Notification No. 25/93-C.E. dated February 28, 1993, to exempt certain goods from excise duty. Specifically, flat belts or beltings with a width not exceeding 15 centimeters are exempt from excise duty, while other types of belts or beltings are subject to a 30% ad valorem duty. This exemption applies to goods falling under Heading Nos. 40.10 or 59.08 of the Central Excise Tariff Act, 1985.
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