Effective rates of duty for specified goods falling within Chapters 72, 73 and 84 - 172/88 - Central Excise - Tariff

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Effective rates of duty for specified goods falling within Chapters 72, 73 and 84

Notification No. 172/88-C.E.

Dated 13-5-1988

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. 92/88-Central Excises, dated the 1st March, 1988, the Central Government hereby exempts goods of the description specified in column (3) of the Table hereto annexed and falling under heading Nos. or sub-heading Nos. of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) as are specified in the corresponding entry in column (2) of the said Table, 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 (4) of the said Table, subject to the conditions, if any, laid down in the Corresponding entry in column (5) thereof.

S. No.	Heading No./Sub-heading No.	Description of goods	Rate	Conditions
(1)	(2)	(3)	(4)	(5)
1.		Ferrous waste and scrap of -	Nil	If, - (a) cleared direct from the factory of production; and (b) an officer not below the rank of an Asstt. 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 goods falling under sub-heading Nos. 7206.90, 7207.90, 7218.00, 7224.00, 7325.20, 7325.30 and 7325.90; and (c) the procedure set out in Chapter X of the said Rules is followed.
	7204.20	(a) stainless steel,
	7204.30	(b) other alloy steel,
	7204.90	(c) non-alloy steel
2.		Ingots or other primary forms of -	Rupees two hundred and twenty per tonne	If, - (i) required for use for the manufacture of cast articles of steel falling under sub-heading Nos. 7325.20, 7325.30 and 7325.90; and (ii) the procedure set out in Chapter X of the said Rules is followed.
	72.18	(a) stainless steel,
	72.24	(b) other alloy steel, and
	7206.90	(c) non-alloy steel
3.		Ingots or other primary forms of -	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.
	72.18	(a) stainless steel,
	72.24	(b) other alloy steel, and
	7206.90	(c) non-alloy steel
4.	7302.10 and 7302.20	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.
5.	72.01 to 72.29 (excluding sub-heading No. 7216.50), 73.01, 7302.10, 7302.20, 73.03, 73.04, 73.05, 73.06, 73.25, 73.26 and 84.54	All goods covered by Chapter 72 (excluding 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 cast iron; tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel; other	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.
		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 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 ingots moulds of heading No. 84.54.