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of <h1>Central Government Grants Duty Exemptions for Non-Alloy Steel Products Under Notification No. 50/97-C.E. Effective August 1, 1997.</h1> The Central Government, under the Central Excise Act, 1944, has issued Notification No. 50/97-C.E. dated August 1, 1997, granting duty exemptions for certain non-alloy steel products. Goods produced before August 1, 1997, and cleared thereafter from induction furnace units or hot re-rolling mills are eligible. The specified products include ingots and billets of non-alloy steel with a duty of Rs. 600 per metric tonne, hot re-rolled products with a duty of Rs. 300 per metric tonne, and specific hot re-rolled products with a nominal diameter not exceeding 200 millimeters at Rs. 150 per metric tonne.
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