Hot re-rolled products of non-alloy steel - Duty on the basis of production capacity - 48/97 - Central Excise - Tariff

Hot re-rolled products of non-alloy steel - Duty on the basis of production capacity

Notification No. 48/97-C.E.

Dated 1-8-1997

In exercise of the powers conferred by sub-section (3) of section 3A of the Central Excise Act, 1944 (1 of 1944), the Central Government, hereby specifies that the rate of excise duty on hot re-rolled products of non-alloy steel falling under sub-heading Nos. 7211.11, 7211.19, 7211.30, 7211.52, 7211.59, 7211.60, 7211.92, 7211.99, 7213.90, 7214.90, 7215.90, 7216.10 and 7216.90 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) shall be Rs. 400/- per metric tonne calculated on the basis of annual capacity of production determined under the Hot Re-rolling Mills Annual Capacity Determination Rules, 1997.

Explanation. - Nothing contained in this notification shall apply to, -

(a) any of the aforesaid goods manufactured or produced prior to the 1st day of August, 1997 and cleared on or after the date;

(b) a composite plant consisting of induction furnace with refining facility and re-rolling mill, within the same premises;

(c) a composite plant consisting of induction furnace with continues casting facility and re-rolling mill, within the same premises;

(d) an integrated steel plant which manufactures or produces ingots or billets and rolled products, stating from the stage of iron ore, within the same premises.