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of <h1>Government Exempts Certain Goods from Excess Excise Duty Over 5% Under Notification No. 18/89-C.E.</h1> The Central Government, under the authority of the Central Excises and Salt Act, 1944, has issued Notification No. 18/89-C.E. dated March 1, 1989, to exempt goods classified under sub-heading 2001.10 of the Central Excise Tariff Act, 1985, from the excise duty specified in the Schedule. The exemption applies to the extent that the duty exceeds a rate of 5% ad valorem, deemed necessary in the public interest.
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