Iron or steel - 62/86 - Customs -Tariff

Iron or steel Notification No. 62/86-Cus. Dated 17-2-1986 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) thereof, 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. TABLE Sl. No. Heading No. or Sub-heading No. of the First Schedule to the Customs Tariff Act, 1975 Description of goods Rate of duty (1) (2) (3) (4) 1. 7301.20 Sheet pilings, angles, shapes and sections of iron or steel other than stainless steel and containing less than 0.6% by weight of carbon. 60% ad valorem 2. 73.02 Railway and tramway track material of iron and steel other than of stainless steel and containing less than 0.6% by weight of carbon. 60% ad valorem 3. 7304.20 7304.31 7304.39 7304.51 7305.11 7305.12 7305.19 7305.20 7305.31 7305.39 7305.90 7306.10 7306.20 7306.30 7306.50 7306.60 7306.90 (a) Drilling tubes or pipes and blanks therefor, other than of stainless steel. 60% ad valorem (b) Tubes and pipes for boilers which are steam and vapour generating boilers (other than central heating hot water boilers) and other than of stainless steel. 60% ad valorem (c) Tubes and pipes other than of stainless steel, sheathed of lined with corrosion resisting material such as glass, rubber or plastic. 60% ad valorem (d) All other tubes and pipes and blanks therefor, not being of stainless steel. 100% ad valorem 4. 7307.19 Tubes or pipe fittings of iron or steel other than of stainless steel. 100% ad valorem 5. 7308.20 7308.30 7308.40 7308.90 (i) Structures and parts of structures, of iron or steel other than of stainless steel. 60% ad valorem (ii) Plates, strips, rods, angles, shapes, sections, tubes and the like prepared for use in structures of iron or steel other than of stainless steel. 60% ad valorem 6. 7310.10 7310.21 7310.29 7312.10 7312.90 7313.00 7314.19 7314.20 7314.30 7314.41 7314.42 7314.49 7314.50 All articles made of iron or steel other than of stainless steel. 100% ad valorem 7. 7315.12 7315.19 7315.20 7315.81 7315.82 7315.89 (i) Mooring chains made of iron or steel other than of stainless steel. 60% ad valorem (ii) All other articles made of iron or steel other than of stainless steel. 100% ad valorem 8. 7320.20 7320.90 7321.11 7321.12 7321.13 7321.81 7321.82 7321.83 7321.90 7322.19 7322.90 7323.10 7323.94 7324.29 7324.90 7325.91 7325.99 7326.11 7326.19 7326.20 7326.90 All articles made of iron or steel other than of stainless steel. 150% ad valorem 2. This notification shall come into force on the 28th day of February, 1986.