Amends notification no. 12/2012-Central Excise - Prescribes effective rate of duty on goods falling under chapter 1 to 96. - 24/2012 - Central Excise - Tariff

Central excise duty rates updated under amended notification: specified tariff items now attract standard and nil rates.

Amendment revises tariff entries and effective duty rates under the Central Excise schedule by inserting new serial numbers and substituting tariff headings to prescribe 14% duty on specified petroleum products and related items, while specifying Nil rate for polyester staple fibre/filament yarn manufactured from plastic waste. The notification also modifies footwear provisions to exempt specified non leather hawai chappals below a retail price threshold, updates motor chassis classifications, and substitutes certain item descriptions and codes across the table.