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of <h1>Govt Exempts EOUs and EPZs from Excise Duty on Jute Yarn; Amends Duty on Knitted Cotton Fabrics</h1> The Central Government, under the Central Excise Act, 1944, has issued Notification No. 48/2000-Central Excise dated September 22, 2000, exempting export-oriented units (EOUs) and units in export processing zones (EPZs) from excise duty on domestic sales of jute yarn and goods made from indigenous raw materials. Additionally, amendments to prior notifications include a 50% excise duty on certain knitted or crocheted fabrics of cotton and manmade fibers. These changes aim to support public interest by adjusting excise duties on specific textile products.
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