Iron and Steel - Ingots and billets of non-alloy steel - Rate of duty from 1-8-1997 - 42/97 - Central Excise - Tariff

Iron and Steel - Ingots and billets of non-alloy steel - Rate of duty from 1-8-1997

Notification No. 42/97-C.E.

Dated 25-7-1997

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 ingots and billets of non-alloy steel, falling under sub-heading Nos. 7206.90 and 7207.90 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) shall be Rs. 750/- per metric tonne calculated on the annual capacity of production determined under the Induction Furnace Annual Capacity Determination Rules, 1997.

2. This notification shall come into force on the 1st day of August, 1997.