Iron and steel products [Chapter 72] - 077/92 - Customs -Tariff

Iron and steel products [Chapter 72] Notification No. 77/92-Cus. Dated 1-3-1992 In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 80/90-Customs, dated the 20th March, 1990, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the goods specified in column (3) of the Table hereto annexed and falling under the heading No. or sub-heading No. of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) specified in column (2) of the said Table, when imported into India, from so much of the duty of customs leviable thereon which is specified in the said First Schedule as is in excess of the amount calculated at the rate specified in the corresponding entry in column (4) of the said Table : Provided that nothing contained in this notification shall affect the exemption granted under any other notification of the Government of India for the time being in force from the duty of customs specified in the said First Schedule in respect of the goods referred to in this notification. TABLE S. No. Heading No./ sub-heading No. Description of goods Rate (1) (2) (3) (4) 1. 72.01 Pig iron and spiegeleisen in pigs, blocks or other primary forms - (i) Pig iron (ii) Other 30% ad valorem 40% ad valorem 2. 72.02 Ferro-alloys - (i) Ferro-nickel (ii) Ferro-molybdenum 5% ad valorem 45% ad valorem 3. 72.03 Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms (other than iron having a minimum purity by weight of 99.94%) 40% ad valorem 4. 72.04 Ferrous waste and scrap, other than that of stainless steel 40% ad valorem 5. 72.05 Granules of pig iron, spiegeleisen, iron or steel 40% ad valorem 6. 72.06 Iron and non-alloy steel in ingots or other primary forms (excluding iron of heading No. 72.03) - (i) 0.6% of carbon containing by weight less than 45% ad valorem (ii) other 50% ad valorem 7. 72.07 Semi-finished products of iron or non-alloy steel, other than pieces roughly shaped by forging - (i) 0.6% of carbon - containing by weight less than (a) billets, blooms and slabs  (b) sheet bars  Nil 45% ad valorem (c) other 60% ad valorem (ii) bars containing by blooms, billets, slabs and sheet or more of carbon weight 0.6% 50% ad valorem 8. 72.08 Flat-rolled products of iron or non-alloy steel, of a width 600 mm or more, hot-rolled, not clad, plated or coated, containing by weight less than 0.6% of carbon - (i) of a thickness exceeding 5 mm Rs. 3000 per tonne (ii) other 25% ad valorem plus Rs. 2500 per tonne 9. 72.10 Flat-rolled products of iron or non-alloy steel, of a width 600 mm or more, clad, plated or coated, containing by weight less than 0.6% of carbon - (i) plated or coated with tin - (a) prime products 40% ad valorem (b) defectives, cuttings and other (including seconds,   waste) waste 5% ad valorem plus Rs. 7000 per tonne (ii) plated or coated with chromium oxides or with chromium chromium oxides and 5% ad valorem plus Rs. 7000 per tonne (iii) other Rs. 5000 per tonne 10. 72.12 Flat-rolled products of iron or non-alloy steel, of a width less than 600 mm, clad, plated or coated, containing by weight less than 0.6% of carbon - (i) plated or coated with tin - (a) prime products 40% ad valorem (b) defectives, cuttings and other (including seconds, waste waste) 5% ad valorem plus Rs. 7000 per tonne (ii) chromium oxides or with plated or coated with oxides chromium and chromium 5% ad valorem plus Rs. 7000 per tonne (iii) other Rs. 5000 per tonne 11. 72.13 All goods other than those of free cutting steel 60% ad valorem 12. 72.14 All goods other than those of free cutting steel 60% ad valorem 13. 72.15 All goods other than those of free cutting steel 60% ad valorem 14. 72.16 Angles, shapes and sections of iron or non-alloy steel, containing by weight less than 0.6% of carbon 60% ad valorem 15. 72.17 Wire of iron or non-alloy steel, containing by weight less than 0.6% of carbon 45% ad valorem 16. 72.21, 72.22 and 72.23 Bars, rods and wires of stainless steel, the cross-sectional dimension of which is less than 10 mm 60% ad valorem 17. 7228.80 Hollow drill bars and rods 45% ad valorem 2. The exemption contained in this notification shall not be available in respect of the flat-rolled products described at S. Nos. 9 and 10 of the above Table, if the said products are galvanized or painted or are zinc-alloy coated or aluminium-alloy coated or colour coated or plastic coated or lacquer coated.