Prescribes effective rates of basic duty on high carbon steel, stainless steel and other alloy steel falling under Chapter 72

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..... -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), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 152/86-Customs, dated the 1st March, 1986, the Central Government being satisfied that it is necessary in the public interest so to do, her .....

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..... S. No. Sub-Chapter Description of goods Rate (1) (2) (3) (4) 1. II High Carbon Steel 70% ad valorem 2. III Stainless Steel 155% ad valorem 3. IV Other Alloy Steel 70% ad valorem Explanation - For the purpose of this notification, "High Carbon steel" means non-allo .....

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