Ministry of Finance states CRGO and CRNGO steel sheets don't qualify for concessional duty under Notification No. 11/97-Customs.

The circular from the Ministry of Finance clarifies that Cold Rolled Grain Oriented (CRGO) and Cold Rolled Non Grain Oriented (CRNGO) steel sheets or strips in coil are not eligible for concessional duty under Sl. No. 105 of Notification No. 11/97-Customs dated March 1, 1997. These products, being coated sheets of non-alloy steel, are classified as having been worked further than cold rolling. Consequently, they are categorized differently under the Customs Tariff and do not qualify for the concessional duty of 25% ad valorem applicable to cold rolled coils under Chapter 72.

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