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of <h1>Excise Duty Reduced for Polyester Staple Fibre Using Imported Materials Under Advance Licence, Sub-heading 5501.20.</h1> The Central Government, under the Central Excises and Salt Act, 1944, has issued an exemption for polyester staple fibre and tow, including tops, classified under sub-heading 5501.20 of the Central Excise Tariff Act, 1985. This exemption reduces the excise duty to a rate of Rs. 8.50 per kilogram, provided these materials are manufactured using dimethyl terephthalate or terephthalic acid imported under an Advance Licence as per the Imports (Control) Order, 1955.
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