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of <h1>New Excise Duty Rates for Processed Textile Fabrics Set by Notification No. 14/2002-CE, Supersedes Previous Rules</h1> Notification No. 14/2002-CE, dated March 1, 2002, issued by the Central Government, prescribes the effective duty of excise and additional duty of excise for specified processed textile fabrics, superseding Notification No. 11/2001. The notification exempts certain excisable goods from the aggregate duty in excess of specified rates, with conditions outlined in a table. It specifies a 16% ad valorem duty for certain goods, with exemptions and conditions for specific periods and products. The notification also clarifies definitions and conditions related to textile yarns, fabrics, and manufacturing processes, and it includes several amendments and clarifications.
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