SCH-04 - Fourth Schedule - Finance Act, 1983

THE FOURTH SCHEDULE [See section 54 (b)] Item No. Description of goods. Rate of duty (1) (2) (3) In the First Schedule to the Central Excises Act,- (i) for Item No. 25, the following Item shall be substituted, namely:- 25. IRON AND STEEL, AND PRODUCTS THEREOF, THE FOLLOWING, NAMELY: (1) Pig iron, cast iron and spiegeleisen in pigs, blocks, lumps and similar forms; and molten iron Seventy rupees per metric tonne. (2) Ferro-alloys Ten per cent. ad valorem. (3) Waste and scrap (i) of iron Seventy rupees per metric tonne. (ii) of steel Three hundred and fifty rupees per metric tonne. (4) Shot and angular grit, whether or not graded; and wire pellets (i) of iron Seventy rupees per metric tonne (ii) of steel Seven hundred and fifty rupees per metric tonne (5) Iron or steel powders; sponge iron or steel Ten per cent. ad valorem (6) Puddled bars, pilings, ingots, blocks, lumps and similar forms of iron or steel (i) puddled bars and pilings of iron Seventy rupees per metric tonne (ii) ingots, blocks, lumps and similar forms of steel Three hundred and fifty rupees per metric tonne (iii) not elsewhere specified Three hundred and fifty rupees per metric tonne (iv) Blooms, billets, slabs and sheet bars (including tinplate bars) and hoe bars (i) of iron Seventy rupees per metric tonne. (ii) of steel Three hundred and fifty rupees per metric tonne (8) Pieces roughly shaped by rolling or forging of iron or steel, not elsewhere specified Three hundred and fifty rupees per metric tonne (9) Bars (including flats) and rods (including wire rods) of iron or steel, rolled, forged, extruded, formed, finished, whether in straight lengths or in coils; hollow mining drill steel (i) flats One thousand three hundred and fifty rupees per metric tonne (ii) others Three hundred and fifty rupees per metric tonne. (10) Railway track construction material, the following: Rails, sleepers and sleeper bars Three hundred and fifty rupees per metric tonne. (11) Angles, shapes and sections of iron or steel, not else- where specified; other than slotted angles and slotted channels, rolled, forged, extruded; formed, finished; sheet piling of iron or steel whether or not drilled, punched or made from assembled elements Three hundred and fifty rupees per metric tonne. (12) Hoops, strips and skelp of iron or steel, whether galvanised or not One thousand three hundred and fifty rupees per metric tonne (i) hoops and strips (ii) skelp (13) Coils for re-rolling, sheets, plates, and universal plates of iron or steel, hot or cold-rolled, whether galvanised or not; forms such as ridges, channels (other than slotted channels), rain-water pipes and their fittings made from sheets, plates, or universal plates; and tin plate and tinned, lacquered or varnished sheets including tin taggers and cuttings of such plates, sheets or taggers - (i) galvanised sheets, plates and forms One thousand three hundred and fifty rupees per metric tonne. (ii) tin plate and tinned sheets including tin taggers and cuttings of such plates, sheets or taggers One thousand seven hundred and fifty rupees per metric tonne. (iii) lacquered sheets, varnished sheets including cuttings of lacquered sheets and varnished sheets. One thousand two hundred and fifty rupees per metric tonne. (iv) others One thousand three hundred and fifty rupees per metric tonne. (14) Iron or steel wire, whether or not coated but not insulated Three hundred and fifty rupees per metric tonne. (15) Tubes and pipes and blanks therefor, of iron or steel, rolled, forged, spun, cast, drawn, annealed, welded or extruded One thousand rupees per metric tonne, plus the excise duty for the time being leviable on pig iron or steel ingots, as the case may be. (16) Castings of iron or steel, not otherwise specified (i) of iron Seventy rupees per metric tonne. (ii) of steel Seven hundred and fifty rupees per metric tonne. Explanation. -In this Item,- (i) iron includes pig iron, cast iron and spiegeleisen; (ii) pig iron and cast iron mean ferrous products containing, by weight, 1.9 per cent., or more of carbon, and which may contain one or more of the following elements within the weight limits specified: less than 15 per cent. phosphorous, not more than 8 per cent. silicon, not more than 6 per cent. manganese, not more than 30 per cent. chromium, not more than 40 per cent. tungsten, and an aggregate of not more than 10 per cent. of other alloy elements (for example, nickel, copper, aluminium, titanium, vanadium, molybdenum) but does not include ferrous alloys known as nondistorting tool steels containing by weight, 1.9 per cent., or more of carbon and having the characteristics of steel; (iii) spiegeleisen means ferrous products containing, by weight, more than 6 per cent. but not more than 30 per cent. of manganese and otherwise conforming to the specifications mentioned in (ii) above; (iv) ferro-alloys means alloys of iron (other than master alloys) which are not usefully malleable and are commonly used as raw material in the manufacture of ferrous metals and which contain, by weight, separately or together: more than 8 per cent. of silicon, or more than 30 per cent. of manganese, or. more than 30 per cent. of chromium, or more than 40 per cent. of tungsten, or a total of more than 10 per cent. of other alloy elements (aluminium, titanium, vanadium, copper, molybdenum, niobium or other elements, subject to a maximum content of 10 per cent. in the case. of copper), and which contain, by weight not less than 4 per cent. in the case of ferro-alloys containing silicon, not less than 8 per cent. in the case of ferro-alloys containing manganese but no silicon or not less than 10 per cent. in other cases, of the element iron; (v) puddled bars and pilings mean products for rolling, forging or re-melting obtained either- (i) by shingling balls of puddled iron to remove the slag arising during puddling, or (ii) by roughly welding together by means of hot rolling, packets of scrap iron or steel or puddled iron; (vi) ingots means products for rolling or forging obtained by casting into moulds; (vii) blooms and billets mean semi-finished products of rectangular section, of a cross-sectional area exceeding 1,225 square millimetres and of such dimensions that the thickness exceeds one- quarter of the width; (viii) slabs and sheet bars (including tinplate bars) mean semi-finished products of rectangular section, of a thickness not less than 6 millimetres, of width not less than 150 millimetres and of such dimensions that the thickness does not exceed one-quarter of the width; (ix) waste and scrap means waste and scrap of iron or steel fit only for the recovery of metal or for use in the manufacture of chemicals, but does not include slag, ash and other residues; (x) hollow mining drill steel means steel hollow bars of any cross-section, suitable for mining drills, of which the greatest ex- ternal dimension exceeds 15 millimetres but does not exceed 50 millimetres, and of which the greatest internal dimension does not exceed one-third of the greatest external dimension; (xi) angles, shapes and sections means products which do not have cross-sections in the form of circles, segments of circles, ovals, isosceles triangles, rectangles, hexagons, octagons or quadrilaterals with only two sides parallel and the other two sides equal, and which are not hollow; (xii) skelp means hot-rolled narrow strip of width not exceeding 600 millimetres with rolled (square, slightly round or bevelled) edge; (xiii) hoops means hot-rolled flat products in rectangular cross-section of thickness less than 3 millimetres and width less than 75 millimetres; (xiv) strips means hot or cold-rolled products, rolled approximately in rectangular cross-section of thickness usually 10 millimetres and below with mill, rolled, trimmed or sheared edges and supplied in coil or flattened coil (straight length) form but excludes hoop and skelp; (xv) coils for re-rolling means coiled semi-finished hot-rolled products, of a rectangular section, not less than 1.5 millimetres thick, of a width exceeding 500 millimetres and of a weight not less than 500 kilograms per piece; (xvi) universal plates means products of rectangular section, hot-rolled lengthwise in a closed box or universal mill, of a thickness exceeding 5 millimetres but not exceeding 100 millimetres, and of a width exceeding 150 millimetres but not exceeding 1,200 millimetres; (xvii) plate 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 rectangular cross-section of thickness 5 millimetres and above but not exceeding 100 millimetres and width 600 millimetres and above, and supplied in straight lengths; (xviii) sheet means a hot or cold-rolled flat product, rolled in rectangular section of thickness below 5 millimetres and supplied in straight lengths, the width of, which is at least hundred times the thickness and the edges are either mill, trimmed, sheared or flame cut; (xix) wire means cold drawn products of solid section of any cross-sectional shape, of which no cross-sectional dimension exceeds 13 millimetres; (xx) bars (including flats) and rods (including wire rods) means products of solid section which do not confirm to the entirety. of any of the definitions at (vii), (viii), (xii), (xiii), (xiv), (xv), (xvi), (xvii), (xviii) and (xix) above, and which have cross-sections in the shape of circles, segments of circles, ovals, isosceles triangles, rectangles, hexagons, octagons or quadrilaterals with only two sides parallel and the other sides equal; (xxi) flats means finished products, generally of rectangular cross-section, having rolled edges only (square or slightly rounded), of controlled contour and of thickness 3 millimetres and over, width 400 millimetres and below and supplied in straight lengths and includes flat bars with bulb that has swelling on one or two faces of the same edge and a width of less than 400 millimetres.'; (ii) Item Nos. 26, 26AA and 28 shall be omitted.