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of <h1>Excise Duty on Aero-Tyres Reduced to 30% Under Section 5A for Public Interest</h1> The Central Government, under the authority of section 5A of the Central Excises and Salt Act, 1944, has issued a notification granting a partial exemption on excise duty for aero-tyres classified under sub-heading No. 4011.91 of the Central Excise Tariff Act, 1985. This exemption reduces the excise duty to 30% ad valorem, which is deemed necessary in the public interest.
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