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of <h1>Government exempts goods from special excise duty under Central Excise Rules 1944 and Finance Bill 1986.</h1> The Central Government, under the powers granted by the Central Excise Rules, 1944, and the Finance Bill, 1986, exempts all goods produced or manufactured in a free trade zone or a hundred percent export-oriented undertaking from the entire special excise duty. This exemption applies to goods classified under the Central Excise Tariff Act, 1985. The notification, identified as 173/86-C.E. and dated March 1, 1986, is enacted under the authority provided by the Provisional Collection of Taxes Act, 1931, granting it legal force.
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