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TMI BlogPrescribes effective rates of basic duty on specified goods of iron and steel falling under Chapter 72X X X X Extracts X X X X X X X X Extracts X X X X ..... b-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 the goods specified in column (3) of the Table hereto annexed and falling under the Heading No. or Sub-heading No. of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) specified in column (2) of the said Table, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2.02 Ferro-alloys - (i) ferro-nickel Nil (ii) ferro-molybdenum 45% ad valorem (iii) other 55% ad valorem 3. 72.03 Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms (other than iron having a minimum purity by weight of 99.94%) 35% ad valorem 4. 72.04 Ferrous waste and scrap; remelting scrap ingots of iron or ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... arbon - (a) blooms, billets, slabs and sheet bars 50% ad valorem (b) other 70% ad valorem 8. 72.08 Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, hot-rolled, not clad, plated or coated, containing by weight less than 0.6% of carbon - (i) of a thickness exceeding 5 mm Rs. 3000 per tonne (ii) other 25% ad valorem plus Rs. 2500 per tonne 9. 72.10 Flat-rol ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y;mium oxides or with chromium and chromium oxides Rs. 7000 per tonne (iii) other Rs. 5000 per tonne 11. 72.13 Bars and rods, hot-rolled, in irregularly wound coils, of iron or non-alloy steel - (i) of free-cutting steel 70% ad valorem (ii) other 55% ad valorem 12. 72.14 Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extrud ..... X X X X Extracts X X X X X X X X Extracts X X X X
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