Government Updates Excise Duty Rates; Key Exemptions for Goods Under Sub-headings 0401.13, 0402.10, 0403.10

The Central Government, under the Central Excises and Salt Act, 1944, has issued Notification No. 16/91-C.E., dated July 25, 1991, to amend the effective rates of duty on specific goods. This notification supersedes the previous notification No. 4/90-Central Excises from March 20, 1990. It exempts certain goods under sub-headings 0401.13, 0401.14, 0402.10, and 0403.10 from excise duty beyond specified rates. Goods under sub-headings 0401.13, 0402.10, and 0403.10 are exempt from duty, while goods under sub-heading 0401.14 are subject to a 10% ad valorem duty.