Exemption to certain products of iron and steel like foundry grade iron, waste and scrap and mill scale
Notification No. 91/88-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. 54/86-Central Excises, dated the 10th February, 1986, 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 Table, subject to the intended use, or the conditions, if any, laid down in the corresponding entry in column (4) thereof.
THE TABLE
|
S. No. |
Description of goods |
Rate |
Intended use/conditions |
|
(1) |
(2) |
(3) |
(4) |
|
01. |
Ingot moulds |
Nil |
Provided that such goods are used in the factory of production in the manufacture of steel ingots, and are melted either during or after such use in the said factory. |
|
02. |
(i) |
Foundry grade iron with a phosphorous content of 0.2% and above; and |
Nil |
Provided that such foundry grade iron and such waste and scrap of iron are produced by a unit (other than an integrated steel plant) using coke as the principal fuel. |
|
|
(ii) |
Waste and scrap of iron (irrespective of the phosphorous content) arising in the course of manufacture of foundry grade iron referred to at clause (i) above. |
|
|
|
03. |
Ferrous waste and scrap, other than mill scale. |
Nil |
Provided that such waste and scrap (other than mill scale) have arisen from - |
|
|
|
|
(i) 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 of iron or steel, whether or not drilled, punched or made from assembled elements; welded angles, shapes and sections of iron or steel; rails, sleepers (cross-ties); tubes, pipes and hollow profiles of iron or steel; cast articles of iron or steel; bottom stools, stirring or poking rods, splash plates and troughs; and ingot moulds falling under heading No. 84.54, on which 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, but the credit of such duty has not been taken under rule 56A or 57A of the Central Excise Rules, 1944; or |
|
|
|
|
(ii) all goods, falling within the said Schedule, other than the goods specified in clause (i) above and goods and materials of Chapter 72 or 73 obtained by breaking up of ships, boats and other floating structures, - |
|
|
|
|
(a) manufactured or produced in India; or |
|
|
|
|
(b) imported into India on payment of duty leviable under the said Customs Tariff Act. |
|
04. |
Ferro-alloys (other than ferro-molybdenum). |
Nil |
Provided that - |
|
|
|
|
(i) the said ferro-alloys are used in the manufacture of 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 or other floating structures); sheet piling of iron or steel, whether or not drilled, punched or made from assembled elements; welded angles, shapes and sections of iron or steel; rails, sleepers (cross-ties); tubes, pipes and hollow profiles of iron or steel; cast articles of iron or steel; bottom stools, stirring or poking rods, splash plates and troughs; and ingot moulds falling under heading No. 84.54, which are not exempted from the whole of the duty of excise leviable thereon or are not chargeable to 'nil' rate of duty; and |
|
|
|
|
(ii) the procedure set out in Chapter X of the Central Excise Rules, 1944 is followed. |
|
05. |
All goods covered by Chapter 72 or 73. |
Nil |
Provided that - |
|
|
|
|
(i) such goods are produced in ordnance factories belonging to the Central Government; and |
|
|
|
|
(ii) such goods are intended for consumption in such ordnance factories or for supply to the Central Government departments. |
|
06. |
Mill scale. |
12% |
— |
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