Exemption threshold reduction for small scale industrial units lowers eligibility for central excise relief under amended notification. The amendment substitutes the previously stated higher monetary figure with a lower figure in paragraphs 1 and 2 of Notification No. 175/86-Central Excises, reducing the monetary eligibility ceiling for exemption applicable to small scale industrial units.
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Exemption threshold reduction for small scale industrial units lowers eligibility for central excise relief under amended notification.
The amendment substitutes the previously stated higher monetary figure with a lower figure in paragraphs 1 and 2 of Notification No. 175/86-Central Excises, reducing the monetary eligibility ceiling for exemption applicable to small scale industrial units.
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