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of <h1>Excise Duty Raised to 6% on Select Goods; CENVAT Credit Option Available; Changes Effective March 1, 2011.</h1> The Central Government has amended the excise duty on certain goods, raising the duty from 5% to 6% with the option to pay using CENVAT credit, following the withdrawal of certain exemptions. This notification, effective from March 1, 2011, lists various excisable goods, including cashew shell liquid, margarine, coffee or tea pre-mixes, sauces, soups, instant food mixes, and more, specifying their applicable tariff items. The changes are made under the powers conferred by the Central Excise Act, 1944, aiming to align with public interest considerations.
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