Price of Imported Steel Items Reduced - 31(RE-99) 1997-2002 - Foreign Trade Policy

Price of Imported Steel Items Reduced TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-II, SECTION-3, SUB SECTION (ii) GOVERNMENT OF INDIA MINISTRY OF COMMERCE NOTIFICATION NO. 31(RE-99) 1997-2002 NEW DELHI : 1 st November, 1999 S.O (E) - In exercise of powers conferred under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 1.3 and 4.1 of the Export and Import Policy, 1997-2002, the Central Government hereby makes the following amendment in the Policy, 1997-2002 (incorporating amendment made upto 31.3.99) and ITC(HS) Classification of Export and Import) item , 1997-2002 published on 31 st March, 1997 and as amended from time to time. 1. Minimum c.i.f. value of Sr no 1to7 of Import Licensing Notes 3, appearing in Chapter 72 of the said ITC(HS) Classifications of Export and Import Items 1997-2002, after amendment shall read as under : Sl. No. ITC(HS) Code Description Minimum c.i.f. value (US $ per Tonne) 1. 72.08 H.R. Coils 190.5 2. 72.08 HR Sheets 201.75 3. 72.09 CR Coils/Sheets 263 4. 72.10 Tinplate Waste/Waste/Tinplate Misprints 465 5. 72.25./72.26 Electrical Sheets (CRNO) 493 6. 72.08/72.11 Plates 278 7. 72.27.90 Alloy Steel Bars Rods (Hot Rolled in Coils) 435 2. Minimum c.i.f. value of Sr no 1to7 of Import Licensing Notes 4, appearing in Chapter 72 of the said ITC(HS) Classifications of Export and Import Items 1997-2002 ,after amendment ,shall read as under : S.No. ITC(HS) Code Description Minimum c.i.f. value (US $ per Tonne) 1. 72.08 H.R. Coils 254 2. 72.08 HR Sheets 269 3. 72.09 CR Coils/Sheets 351 4. 72.10 Tinplates 620 5. 72.25/72.26 Electrical Sheets (CRNO) 657 6. 72.08/72.11 Plates 370 7. 72.27.90 Alloy Steel Bars Rods (Hot Rolled in Coils) 580 3. The minimum cif value of import as stipulated in licensing note No. 4 above shall be effective for a period of two months from the date of issue of this Notification, and the minimum import prices as indicated above in the said licensing note shall be treated as withdrawn after the said period of two months. This issues in public interest. sd (N.L.Lakhanpal) Director General of Foreign Trade and ex-officio Additional Secretary to the Government of India Copy to all concerned: (O.P.Hisaria) Dy. Director General of Foreign Trade (File No. 01/93/214/00003/AM-99/M-445)