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of <h1>Revised Excise Duties on Iron and Steel Products Under Finance Act, 1983: Key Changes and Omissions Explained.</h1> The Fourth Schedule of the Finance Act, 1983, outlines the revised excise duties on various iron and steel products under the Central Excises Act. The schedule specifies duties for items such as pig iron, ferro-alloys, waste and scrap, bars, rods, and railway track materials, among others. Rates vary by product type, with specific charges per metric tonne or ad valorem percentages. Definitions clarify terms like 'iron,' 'ferro-alloys,' and various product forms. Items 26, 26AA, and 28 are omitted from the schedule. The document provides a detailed classification and taxation framework for iron and steel products.
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