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of <h1>Amendments to Excise Notifications: Central Government Updates Duty Rates and Exemptions for Iron and Steel Products Under Section 1944</h1> The Central Government, under the Central Excises and Salt Act, 1944, has issued Notification No. 33/92-C.E., dated March 1, 1992, to amend various existing excise notifications concerning iron and steel products. Key amendments include changes to duty exemptions and rates, such as substituting specific duty rates with ad valorem percentages or altering duty exemptions for certain products. The amendments affect various notifications dating from 1986 to 1991, with adjustments in duty rates for items like steel tubes, pipes, sheets, and other iron and steel products, reflecting a shift towards ad valorem taxation and updated duty exemptions.
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