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of <h1>India Revises Excise Duty Exemptions for North East Manufacturers; Focus on Value Addition from April 2008</h1> The Government of India has amended Notification No. 33/99-Central Excise to revise excise duty exemptions for goods manufactured in the North East. Effective from April 1, 2008, the amendments redefine the duty payable on value addition rather than the total duty paid. It includes a revised calculation method for duty refunds based on value addition, with specific rates detailed in a table for various goods. Manufacturers must submit duty statements for verification and can opt for provisional refunds or special rate determinations. Non-compliance with stipulated procedures may result in forfeiture of refund options.
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