Amendment to exemptions clarifies integrated and composite steel plant definitions and adds specified re-rolling mills to scope. Amendments revise two Central Excise notifications by substituting and adding Explanations to confirm transitional coverage for goods produced before the first day of September, 1997 cleared thereafter, to redefine qualifying facilities as an integrated steel plant processing from iron ore to ingots, billets or rolled products within the same premises, and to include composite plants with induction furnace, secondary refining and continuous casting; a further insertion brings specified re-rolling mills within the exemption scope.
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Amendment to exemptions clarifies integrated and composite steel plant definitions and adds specified re-rolling mills to scope.
Amendments revise two Central Excise notifications by substituting and adding Explanations to confirm transitional coverage for goods produced before the first day of September, 1997 cleared thereafter, to redefine qualifying facilities as an integrated steel plant processing from iron ore to ingots, billets or rolled products within the same premises, and to include composite plants with induction furnace, secondary refining and continuous casting; a further insertion brings specified re-rolling mills within the exemption scope.
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