Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Prescribing effective rate of basic excise duty for iron and steel and products thereof falling under Chapters 72 and 73.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ry in the public interest so to do, hereby exempts goods of the description specified in column (3) of the Table hereto annexed and falling under the heading Nos. or sub-heading Nos. of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) as are specified in the corresponding entry in column (2) of the said Table, from so much of the duty of excise leviable thereon which is specified in the said Schedule, as is in excess of the amount calculated at the rate specified in the corresponding entry in column (4) of the said Table. TABLE S. No. Heading No./Sub-heading No. Description of goods Rate (1) (2) (3) (4) 01. 72.01 Pig iron and spiegeleisen in pigs, blocks or other primary forms Rs. 300 per tonne 02. 72.03 Ferro .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... g 5 mm in thickness Rs. 800 per tonne (iii) strips - 7208.31 (a) exceeding 5 mm in thickness Rs. 700 per tonne 7208.39 (b) other Rs. 800 per tonne 7208.40 (iv) Skelp Rs. 800 per tonne (v) Other flat products — 7208.91 (a) exceeding 5 mm in thickness Rs. 700 per tonne 7208.99 (b) Other Rs. 800 per tonne 08. Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, cold-rolled (cold-reduced), not clad, plated or coated - 7209.10 (i) plates Rs. 700 per tonne 7209.20 (ii) sheets Rs. 1000 per tonne 7209.30 (iii) strips Rs. 1000 per tonne 7209.90 (iv) other Rs. 1000 per tonne 09. Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, clad, plated or coated- .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... - 7213.10 (i) of free-cutting steel Rs. 600 per tonne 7213.90 (ii) other Rs. 600 per tonne 13. Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling- 7214.10 (i) forged Rs. 900 per tonne 7214.20 (ii) of free-cutting steel Rs. 600 per tonne 7214.90 (iii) other Rs. 600 per tonne 14. Other bars and rods of iron or non-alloy steel - 7215.10 (i) of free-cutting steel not further worked than cold-formed or cold-finished Rs. 600 per tonne. 7215.20 (ii) other, not further worked than cold-formed or cold-finished Rs. 600 per tonne 7215.30 (iii) plated or coated with zinc Rs. 1300 per tonne 7215.40 (iv) pl .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 20. 72.21 Bars and rods, hot-rolled, in irregularly wound coils, of stainless steel. Rs. 1500 per tonne 21. Other bars and rods of stainless steel; angles, shapes and sections of stainless steel - 7222.10 (i) bars and rods, not further worked than hot-rolled, hot-drawn or extruded Rs. 1500 per tonne 7222.20 (ii) bars and rods, not further worked than cold-formed or cold-finished Rs. 1500 per tonne 7222.30 (iii) forged bars and rods Rs. 2000 per tonne 7222.30 (iv) other bars and rods Rs. 1500 per tonne 7222.40 (v) angles, shapes and sections, forged Rs. 2000 per tonne 7222.40 (vi) other angles, shapes and sections Rs. 1500 per tonne 22. 72.23 Wire of stainless steel Rs. 1500 per tonne 23. Other alloy s .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... er alloy steel; angles, shapes and sections, of other alloy steel; hollow drill bars and rods, of alloy or non-alloy steel - 7228.10 (i) bars and rods of high speed steel Rs. 600 per tonne 7228.20 (ii) bars and rods of silico-manganese steel Rs. 600 per tonne 7228.30 (iii) other bars and rods, not further worked than hot-rolled, hot-drawn or extruded Rs. 600 per tonne 7228.40 (iv) other bars and rods, not further worked than forged Rs. 900 per tonne 7228.50 (v) other bars and rods, not further worked than cold-formed or cold-finished Rs. 600 per tonne 7228.60 (vi) other bars and rods Rs. 600 per tonne (vii) angles, shapes and sections - 7228.71 (a) not further worked than hot-rolled, hot-drawn or extruded Rs. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... per tonne 34. 7305.10 Other tubes and pipes (for example, welded, riveted or similarly closed), having internal and external circular cross-sections, the external diameter of which exceeds 406.4 mm, of iron. Rs. 300 per tonne 35. 7306.10 Other tubes, pipes and hollow profiles (for example, open scam or welded, riveted or similarly closed), of iron. Rs. 300 per tonne 36. 73.27 Goods and materials of Chapter 73 obtained by breaking up of ships, boats and other floating structures manufactured in India. Rs. 1215 per tonne Explanation. - For the purposes of this notification, -  (1) "plates" means a hot or cold-rolled flat product, rolled from an ingot or slab or sheet bar or produced by cold reduction of coils, in rectang .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates