Excise Duty Rates and Exemptions Outlined for Goods Under Central Excise Tariff Act, 1985, Effective March 1, 2002

The notification outlines the effective excise duty rates for specified goods under the Central Excise Tariff Act, 1985. It exempts certain goods from excise duty beyond specified rates, subject to conditions. The notification, effective from March 1, 2002, was rescinded by a subsequent notification in 2006. The exemptions apply to various goods, including food preparations, chemicals, textiles, machinery, and medical equipment, among others. Specific conditions and explanations are provided for each exemption, detailing the criteria and processes manufacturers must follow to qualify for the reduced or nil duty rates.

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