Excise rate reduction for cotton fabrics: notification reduces specified excise duty rate under Central Excise Rules. Amendment reduces the excise exemption rate for cotton fabrics by substituting in the Table to Notification No. 58/87-C.E., at S. No. 02, column (3), the words 'Fifty per cent' with 'Twenty-five per cent' under powers granted by the Central Excise Rules, 1944 and the Additional Duties of Excise Act, 1957.
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Excise rate reduction for cotton fabrics: notification reduces specified excise duty rate under Central Excise Rules.
Amendment reduces the excise exemption rate for cotton fabrics by substituting in the Table to Notification No. 58/87-C.E., at S. No. 02, column (3), the words "Fifty per cent" with "Twenty-five per cent" under powers granted by the Central Excise Rules, 1944 and the Additional Duties of Excise Act, 1957.
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