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of <h1>Government Reduces Excise Duty on Automotive Gas Compressors with Magnetic Clutch Under Rule 8(1) to Rs. 2,500 Each.</h1> The Central Government, under Rule 8(1) of the Central Excise Rules, 1944, has issued an exemption for automotive gas compressors. These compressors, which are equipped with a magnetic clutch and have a displacement capacity not exceeding 165 c.c., fall under heading No. 84.14 of the Central Excise Tariff Act, 1985. The exemption reduces the excise duty to Rs. 2,500 per compressor, applicable to the extent that the duty exceeds this amount, as specified in the Schedule to the Central Excise Tariff Act.
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