Excise duty specification for non-alloy steel ingots and billets: government fixes rate per tonne effective from August. The Central Government specifies a rate of excise duty on ingots and billets of non-alloy steel classifiable under the relevant tariff subheadings, to be calculated per metric tonne on the basis of annual production capacity determined under the Induction Furnace Annual Capacity Determination Rules, 1997; the specification takes effect on the stated commencement date.
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Excise duty specification for non-alloy steel ingots and billets: government fixes rate per tonne effective from August.
The Central Government specifies a rate of excise duty on ingots and billets of non-alloy steel classifiable under the relevant tariff subheadings, to be calculated per metric tonne on the basis of annual production capacity determined under the Induction Furnace Annual Capacity Determination Rules, 1997; the specification takes effect on the stated commencement date.
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