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of <h1>India Revises Excise Duty Rates for Goods from Export Oriented Units Effective January 17, 2012</h1> The Government of India, through the Ministry of Finance, has issued Notification No. 3/2012-Central Excise, amending Notification No. 23/2003-Central Excise. Effective from January 17, 2012, the amendments adjust the excise duty rates for goods cleared to the Domestic Tariff Area by Export Oriented Units, Electronic Hardware Technology Parks, and Software Technology Parks. Specifically, the duty rates for items listed under serial numbers 8 and 10 in the notification's table have been revised to 'in excess of 5% ad valorem' and 'in excess of 6% ad valorem,' respectively.
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