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of <h1>India Rescinds Excise Duty Exemption for Intermediate Goods in Himachal Pradesh & Uttarakhand, Effective July 1, 2017.</h1> The Government of India issued Notification No. 7/2013-Central Excise, dated March 1, 2013, providing an exemption from excise duty for intermediate goods that are captively consumed in the manufacture of final products by units availing Area Based Exemption in Himachal Pradesh and Uttarakhand. The exemption applies to goods specified in the annexures of prior notifications No. 49/2003 and No. 50/2003, with the duty rate being nil. This notification was rescinded by Notification No. 9/2017-Central Excise, effective July 1, 2017.
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