Government Grants Excise Duty Exemption for Soya Cheese, Yoghurt, and Tofu Under Notification No. 20/91-C.E.
The Central Government has issued Notification No. 20/91-C.E. dated July 25, 1991, under the Central Excises and Salt Act, 1944, granting an exemption from excise duty for soya cheese, soya yoghurt, and soya tofu classified under sub-heading No. 2107.91 of the Central Excise Tariff Act, 1985. This exemption is deemed necessary in the public interest and removes the entire duty of excise that would otherwise be applicable to these products as specified in the tariff schedule.