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Prescribes basic duty of 40% ad valorem on hot-rolled stainless sleel coils imported for manufacture of specified cold-rolled flat products

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..... No. 84/90-Cus. Dated 20-3-1990 In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts hot-rolled stainless steel coils, falling under Heading No. 72.19 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported i .....

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..... d by the importer for the manufacture of stainless steel plates, sheets or strips, of thickness of 1mm or more, an amount equal to the difference between the duty leviable on such quantity but for the exemption contained herein and that already paid at the time of importation; and (c) the importer produces to the Assistant Collector of Customs, within six months or such extended period, as the sa .....

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