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of <h1>New Excise Duty Exemptions Announced for Synthetic Polymer Paints Under Notification 52/88-C.E.</h1> The Central Government, under the Central Excise Rules, 1944, has issued Notification No. 52/88-C.E., dated March 1, 1988, which supersedes the previous notification No. 125/86-Central Excises. This notification provides exemptions for goods classified under specific sub-headings of the Central Excise Tariff Act, 1985. The exemptions apply to the excise duty exceeding the rates specified in the attached table. The rates vary from 15% to 35% ad valorem for different sub-headings, covering paints based on synthetic polymers.
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