Iron castings (unmachined) and cast articles of iron (unmachined) - 275/88 - Central Excise - Tariff

Iron castings (unmachined) and cast articles of iron (unmachined)

Notification No. 275/88-C.E.

Dated 4-11-1988

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excises and Salt Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts unmachined iron castings and unmachined cast articles of iron (hereinafter referred to as "final products") and falling within the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), from the whole of the duty of excise leviable thereon which is specified in the said Schedule :

Provided that such final products are made from any goods of the description specified in the Annexure to this notification (hereinafter referred to as "inputs") and falling within Chapter 72 or Chapter 73 of the said Schedule on which the duty of excise leviable under the said Schedule or the additional duty leviable under section 3 of the Customs Tariff Act, 1975 (51 of 1975), as the case may be, has already been paid :

Provided further that no credit of the duty paid on the inputs has been taken under rule 56A or rule 57A of the Central Excise Rules, 1944.

Explanation : For the purposes of this notification, all stocks of inputs in the country, except such stocks as are clearly recognisable as being non-duty paid or charged to Nil rate of duty, shall be deemed to be the inputs on which duty has already been paid.

ANNEXURE

01. Pig iron and spiegeleisen in ingots, blocks or other primary forms.

02. Ferrous waste and scrap.

03. Remelting scrap ingots of iron.

04. Granules and powders, of pig iron and spiegeleisen.

05. Puddled bars and piling of iron.

06. Cast articles of iron falling under sub-heading No. 7325.10.