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Hot Re-rolling Steel Mills Annual Capacity Determination Rules, 1997

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..... of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby makes the following rules, namely :- 1. (1) These rules may be called the Hot Re-rolling Steel Mills Annual Capacity Determination Rules, 1997 . (2) They shall come into force on the 1st day of August, 1997. 2. These rules shall apply to non-alloy steel hot re-rolled products falling under sub-heading Nos. 7211.11, .....

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..... er shall take necessary action to verify their correctness and ascertain the correct value of each of the parameters. The Commissioner may, if he so desires, consult any technical authority for this purpose; (3) the annual capacity of production of hot re-rolled products of non-alloy steel in respect of such factory shall be deemed to be as determined by applying the following formula :- Annua .....

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..... 200 0.20 200 to below 250 1.30 250 to below 300 1.60 300 to below 350 2.47 350 to below 400 4.05 400 to below 450 5.55 450 to below 500 7.65 500 and above 10.15 Number of utilised hours shall be deemed to be as under, - S. No. Reheating Furnace Utilised hour .....

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..... factory as also the annual capacity of production, by an order, intimate to the manufacturer. Provided that the Commissioner may determine the annual capacity of the hot re-rolling unit on provisional basis pending verification of the declaration furnished by the hot re-rolling mills and pass an order accordingly. Thereafter, the Commissioner may determine the annual capacity, as soon as may be, .....

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