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TMI BlogExemption to certain products of iron and steel like foundry grade iron, waste and scrap and mill scaleX X X X Extracts X X X X X X X X Extracts X X X X ..... e powers conferred by sub-rule (1) of rule 8 of the Central Excise Rules, 1944 and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 54/86-Central Excises, dated the 10th February, 1986, the Central Government hereby exempts goods of the description specified in column (2) of the Table hereto annexed and falling within Chapter 72, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... th a phosphorous content of 0.2% and above; and Nil Provided that such foundry grade iron and such waste and scrap of iron are produced by a unit (other than an integrated steel plant) using coke as the principal fuel. (ii) Waste and scrap of iron (irrespective of the phosphorous content) arising in the course of manufacture of foundry grade iron referred to at clause ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of excise leviable under the said Schedule or the additional duty leviable under section 3 of the Customs Tariff Act, 1975 (51 of 1975), as the case may be, has already been paid, but the credit of such duty has not been taken under rule 56A or 57A of the Central Excise Rules, 1944; or (ii) all goods, falling within the said Schedule, other than the goods specified in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... shapes and sections of iron or steel; rails, sleepers (cross-ties); tubes, pipes and hollow profiles of iron or steel; cast articles of iron or steel; bottom stools, stirring or poking rods, splash plates and troughs; and ingot moulds falling under heading No. 84.54, which are not exempted from the whole of the duty of excise leviable thereon or are not chargeable to 'nil' rate of duty; and ..... X X X X Extracts X X X X X X X X Extracts X X X X
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