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of <h1>Central Govt exempts certain goods from excess excise duty under Notification No. 88/86-C.E., effective until Feb 28, 1986.</h1> Notification No. 88/86-C.E., dated February 10, 1986, issued by the Central Government, exempts specified goods under erstwhile Tariff Item 68 from a portion of the excise duty. This exemption applies to the excess duty over what was leviable under the Central Excises and Salt Act, 1944, before the Central Excise Tariff Act, 1985, came into effect. The notification is effective from the commencement of the Central Excise Tariff Act, 1985, and remains valid until February 28, 1986. It references several previous notifications listed in Annexure II for determining the applicable duty rates.
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