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of <h1>Central Government amends rule 174A, raising the excise licensing exemption threshold from 5 lakhs to 10 lakhs.</h1> The Central Government, exercising its powers under rule 174A of the Central Excise Rules, 1944, has amended a previous notification from the Ministry of Finance (Department of Revenue) numbered 174/86-Central Excises, dated March 1, 1986. The amendment involves increasing the monetary threshold for exemption from licensing under the Central Excise Tariff from 'rupees five lakhs' to 'rupees ten lakhs.' This change is formalized in Notification No. 257/86-C.E., dated April 24, 1986.
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