Prescribes effective rates of basic duty on specified goods of iron and steel falling under Chapter 72 - 080/90 - Customs -Tariff

Prescribes effective rates of basic duty on specified goods of iron and steel falling under Chapter 72 Notification No. 80/90-Cus. Dated 20-3-1990 In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), 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 that portion 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-hea ding 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 40% ad valorem (ii) other 35% ad valorem 2. 72.02 Ferro-alloys - (i) ferro-nickel Nil (ii) ferro-molybdenum 45% ad valorem (iii) other 55% 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%) 35% ad valorem 4. 72.04 Ferrous waste and scrap; remelting scrap ingots of iron or steel- (i) of stainless steel 155% ad valorem (ii) other (a) remelting scrap ingots 100% ad valorem (b) other 35% ad valorem 5. 72.05 Granules and powders, of pig iron, spiegeleisen, iron or steel - (i) granules 35% ad valorem (ii) other 70% ad valorem 6. 72.06 Iron and non-alloy steel in ingots or other primary forms (excluding iron of Heading No. 72.03) - (i) containing by weight less than 0.6% of carbon 45% ad valorem (ii) other 50% ad valorem 7. 72.07 Semi-finished products of iron or non-alloy steel- (i) containing by weight less than 0.6% of carbon - (a) billets, blooms and slabs 15% ad valorem (b) sheet bars 45% ad valorem (c) pieces roughly shaped by forging 70% ad valorem (d) other 60% ad valorem (ii) containing by weight 0.6% or more of carbon - (a) blooms, billets, slabs and sheet bars 50% ad valorem (b) other 70% ad valorem 8. 72.08 Flat-rolled products of iron or non-alloy steel, of a width of 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 of 600 mm or more, clad, plated or coated, containing by weight less than 0.6% of carbon - (i) plated or coaled with tin - (a) prime products 35% ad valorem (b) other (including seconds, defectives, cuttings and waste waste Rs. 7000 per tonne (ii) plated or coated with chro mium oxides or with chromium and chromium oxides 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 of 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 35% ad valorem (b) other (including seconds, defectives, cuttings and waste waste) Rs. 7000 per tonne (ii) plated or coated with chro mium oxides or with chromium and chromium oxides Rs. 7000 per tonne (iii) other Rs. 5000 per tonne 11. 72.13 Bars and rods, hot-rolled, in irregularly wound coils, of iron or non-alloy steel - (i) of free-cutting steel 70% ad valorem (ii) other 55% ad valorem 12. 72.14 Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling - (i) of free-cutting steel 70% ad valorem (ii) other 55% ad valorem 13. 72.15 Other bars and rods of iron or non-alloy steel - (i) of free-cutting steel 70% ad valorem (ii) other 55% ad valorem 14. 72.16 Angles, shapes and sections of iron or non-alloy steel, containing by weight less than 0.6% of carbon 55% 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 Bare, rods and wires of stainless steel, the cross-sectional dimension of which is less than 10mm 55% ad valorem 17. 7228.80 Hollow drill bars and rods. 40% ad valorem 2. The exemption contained in this notification shall not be available in respect of the flat-rolled products described at S. No. 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.