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    <title>Seeks to prescribe effective rates of duty @nil or 8% advalorem on specified goods falling under the First Schedule to the Central Excise Tariff Act, 1985</title>
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    <description>Prescribes effective rates of duty by exempting goods specified in the Table from so much of the duty leviable under the First Schedule to the Central Excise Tariff Act, 1985 as exceeds the amount calculated at the ad valorem rates specified. Clarifies that manufacturers who availed full exemption under earlier notifications in the same financial year may still avail this exemption; defines &quot;retail sale price&quot; to include taxes, freight, commission and related charges; and states that rates in the Table are ad valorem unless otherwise specified. Annexed List 1 identifies specified medical and ophthalmic equipment subject to the treatment.</description>
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