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of <h1>Potassium Chlorate Excise Duty Exemption: Duty Over 15% Ad Valorem Waived Under Notification No. 37/87-C.E.</h1> The Central Government, exercising its authority under the Central Excise Rules, 1944, has issued Notification No. 37/87-C.E. dated March 1, 1987, to exempt potassium chlorate, classified under sub-heading No. 2829.10 of the Central Excise Tariff Act, 1985, from the excise duty specified in the Schedule. The exemption applies to the portion of the duty exceeding fifteen percent ad valorem.
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