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of <h1>Excise Duty Exemption on Metallised Aluminium Paper: Duty Reduced to Over 15% Ad Valorem Under Rule 8, Chapter 48.</h1> Notification No. 206/88-C.E., dated June 1, 1988, issued by the Central Government under sub-rule (1) of rule 8 of the Central Excise Rules, 1944, grants an exemption on metallised aluminium paper classified under Chapter 48 of the Central Excise Tariff Act, 1985. This exemption reduces the excise duty to an amount exceeding fifteen percent ad valorem, effectively lowering the duty payable on this product as specified in the schedule of the Tariff Act.
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