Effective rates of duty on steel castings, railway materials, etc. of iron and steel - 092/88 - Central Excise - Tariff

Effective rates of duty on steel castings, railway materials, etc. of iron and steel

Notification No. 92/88-C.E.

Dated 1-3-1988

In exercise of the powers conferred by sub-rule (1) of rule 8 of the Central Excise Rules, 1944, and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 69/87-Central Excises, dated the 1st March, 1987, the Central Government hereby exempts goods of the description specified in column (2) of the Table hereto annexed and falling within Chapter 72, 73 or 84 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), from so much of the duty of excise leviable thereon, which is specified in the said Schedule, as is in excess of the amount calculated at the rate specified in the corresponding entry in column (3) of the said Table, subject to the conditions, if any, laid down in the corresponding entry in column (4) thereof.

THE TABLE

S. No.	Description of goods		Rate	Conditions
(1)	(2)		(3)	(4)
01.	Ferrous waste and scrap of -		Nil	If, -
	(a) (b) (c)	non-alloy steel, stainless steel, other alloy steel.		(a) cleared direct from the factory of production; and
				(b) an officer not below the rank of an Assistant Collector of Central Excise is satisfied that such waste and scrap is intended to be used with the aid of electric furnace in the manufacture of -
				(1) Ingots or other primary forms of (i) non-alloy steel, (ii) stainless steel, (iii) other alloy steel,
				(2) semi-finished products of (i) non-alloy steel, (ii) stainless steel, (iii)other alloy steel,
				(3) cast articles of (i) non-alloy steel, (ii) stainless steel, (iii) other alloys steel; and
				(c) the procedure set out in Chapter X of the said Rules is followed.
02.	Ingots or other primary forms of - (a) non-alloy steel, (b) stainless steel, and (c) other alloy steel.		Rupees two hundred and twenty per tonne	If - (i) required for use in the manufacture of cast articles of non-alloy steel, stainless steel or other alloy steel, and
				(ii) the procedure set out in Chapter X of the said Rules is followed.
03.	Ingots or other primary forms of - (a) non-alloy steel, (b) stainless steel, and (c) other alloy steel.		Rupees one hundred and ninety per tonne	If - (i) required for use for the manufacture of rails and sleepers (cross-ties) which are used for railway tracks, and
				(ii) the procedure set out in Chapter X of the said Rules is followed.
04.	Rails and sleepers (cross-ties)		Rupees one hundred and ninety per tonne	If - (i) it is proved to the satisfaction of an officer not below the rank of an Assistant Collector of Central Excise that such materials are actually used for railway track, and
				(ii) the procedure set out in Chapter X of the said Rules is followed.
05.	All goods covered by Chapter 72 (excluding slotted angles and slotted channels, and goods and materials of Chapter 72 or 73 obtained by breaking up of ships, boats and other floating structures); sheet piling or iron or steel, whether or not drilled, punched or made from assembled elements; welded angles, sheeps and sections, of iron or steel, rails, sleepers (cross-ties), tubes, pipes and hollow profiles, of cast iron; tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel; other tubes and pipes (for example, welded, riveted or similarly closed), having internal and external circular cross-sections, the external diameter of which exceeds 406.4 mm, of iron or steel; other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel; cast articles of iron or steel; bottom stools, stirring or poking rods, splash plates and troughs; and ingot moulds of heading No. 84.54.		Nil	If such goods are used in the factory of production as raw material in the manufacture of waste and scrap of steel exempted under S. No. 01.