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of <h1>Government Reduces Excise Duty on Flax Fabrics to 10% Under Section 5A of Central Excises and Salt Act, 1944</h1> The Central Government, under the authority of Section 5A of the Central Excises and Salt Act, 1944, has issued Notification No. 165/89-C.E. dated August 16, 1989, granting an exemption for flax fabrics classified under heading No. 53.05 of the Central Excise Tariff Act, 1985. This exemption reduces the excise duty to an amount calculated at a rate of ten percent ad valorem, in excess of the specified duty in the Schedule, as a measure deemed necessary in the public interest.
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