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of <h1>India's Excise Duty Update: Notification 28/2012 Amends Duty Conditions for Goods Under Chapters 1-96</h1> Notification No. 28/2012-Central Excise, issued by the Government of India, amends Notification No. 12/2012-Central Excise to prescribe the effective rate of duty on goods under chapters 1 to 96. The amendment, dated 27th June 2012, modifies conditions in the annexure by substituting the term 'Fixed Deposit Receipt' with 'Fixed Deposit Receipt or Bank Guarantee' in Conditions No. 42 and 43. This change is made under the authority of section 5A of the Central Excise Act, 1944, in the public interest. The principal notification was previously amended by Notification No. 24/2012-Central Excise on 8th May 2012.
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