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of <h1>CNC Systems Get Excise Duty Relief: Central Govt Notification Reduces Duty to 5% Under Rule 8(1) of Excise Rules</h1> Notification No. 87/88-C.E., dated March 1, 1988, issued by the Central Government under rule 8(1) of the Central Excise Rules, 1944, exempts Computer Numerical Control (CNC) Systems from a portion of the excise duty. These systems, classified under Chapter 85 of the Central Excise Tariff Act, 1985, are subject to a reduced excise duty rate of 5% ad valorem. This notification effectively lowers the excise duty burden on CNC systems beyond the specified rate in the tariff schedule.
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