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of <h1>New Excise Duty Rates Announced for Fibres, Yarns, and Fabrics Under Chapters 51 to 56, With Key Exemptions</h1> The notification outlines the effective rates of duty on various fibres, yarns, and fabrics under Chapters 51 to 56 as per the Central Excise Tariff Act, 1985. It supersedes a previous notification and provides specific excise duty exemptions or rates for different types of yarns and fabrics, including wool, cotton, artificial and synthetic fibres, and others. Certain products are exempt from duty, while others have specified rates based on their characteristics, such as denier count or type of fibre. The notification also includes provisions for yarns purchased by registered cooperative societies or organizations approved for handloom development.
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