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of <h1>Amended excise duties on man-made fabrics effective May 1987; rates vary by fabric value under headings 54.09, 55.08, 54.12, and 55.11.</h1> The Central Government issued an amendment to a previous notification regarding excise duties on certain man-made fabrics, effective from May 12, 1987. The amendment specifies new excise duty rates based on the value per square meter of the fabrics. For fabrics under headings 54.09 and 55.08, rates range from 50 paise to 10% ad valorem, depending on the fabric's value. For fabrics under headings 54.12 and 55.11, rates are either 50 paise per square meter or 10% ad valorem. Additionally, for fabrics under heading 55.11, rates are set at Re. 1.00 per square meter or 10% ad valorem.
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