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<h1>India Revises Excise Duty to 14% for Food Grade Hexane, Naphtha Under Notification No. 21/2012</h1> The Government of India, through its Ministry of Finance, has issued Notification No. 21/2012-Central Excise, amending the previous Notification No. 12/2012-Central Excise. This amendment, effective from March 30, 2012, prescribes the effective rate of duty on goods classified under chapters 1 to 96. Specifically, it updates the duty rate for serial number 73, which includes goods such as food grade hexane and naphtha, setting the duty at 14%. This change is made under the authority of the Central Excise Act, 1944, to serve the public interest.