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of <h1>Excise Duty Exemption on Compressed Air Under Central Excise Rules 1944, Notification No. 305/86-C.E.</h1> Notification No. 305/86-C.E., dated May 16, 1986, issued under the Central Excise Rules, 1944, grants an exemption from the entire excise duty on compressed air. This exemption applies to compressed air classified under Chapter 28 or 38 of the Schedule to the Central Excise Tariff Act, 1985.
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