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of <h1>Excise Duty Exemption for Chapter 15 Goods: Hardened Oil, Fatty Acids, and Soap-Stocks under Notification No. 116/86-C.E.</h1> Notification No. 116/86-C.E., dated March 1, 1986, issued by the Central Government under the Central Excise Rules, 1944, provides an exemption from excise duty for specific goods listed under Chapter 15 of the Central Excise Tariff Act, 1985. The exempted goods include hardened technical oil (inedible grade) under sub-heading 1504.00, industrial monocarboxylic fatty acids and acid oils under sub-heading 1505.00, and soap-stocks under sub-heading 1507.00. This exemption applies to the entire duty of excise specified in the Schedule of the Central Excise Tariff Act.
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