Special Excise Duty rate cap limits excise to a prescribed effective rate for specified tariff entries, via statutory exemption. Prescribes an effective Special Excise Duty rate for specified goods in the Second Schedule to the Central Excise Tariff Act, 1985 by exempting from excise duty the portion of duty in excess of the amount calculated at the prescribed effective rate for each listed tariff entry; applicability is confined to the goods and rates in the annexed Table and the measure is taken as a public interest exemption under statutory power.