Two bushfire emergency warnings for the small community of Nugent in south-east Tasmania have been downgraded.

A watch and act alert is in place for Nugent, east of Masons and Nugent roads and west of Kellevie Road, with residents told they can "return with caution".

"Although there is no immediate danger, residents need to monitor conditions and be alert for any changes," the Tasmania Fire Service said.

"Be ready if the situation escalates. Read through your bushfire plan. If you do not have a plan, decide what you will do if the situation gets worse.

" Embers, smoke and ash may continue to fall in the area. Smoke and ash are present and may make it difficult to see and breathe. "

The TFS said conditions are expected to improve.

Earlier on Monday, two emergency bushfire warnings w

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