Exemption for home consumption limits concessional duty eligibility for specified goods under prescribed aggregation and compliance conditions. Exempts clearances for home consumption of specified excisable goods by allowing clearances up to a prescribed aggregate value in a financial year to be charged at a concessional fraction of the normal duty, subject to conditions: a written option before first clearance, notification to the jurisdictional officer, aggregation across factories and manufacturers, specified exclusions and definitional rules, and transitional provisions for certain product groups with illustrative computations.