Effective excise rate cap for specified iron and steel goods limits duty to stated per tonne rates under central excise rules. Notification sets an effective excise rate cap for specified iron and steel goods in Chapters 72 and 73 by exempting those goods from so much of the tariff duty as exceeds an amount calculated at the specific per tonne rates listed in the annexed Table. The Table identifies tariff headings, product descriptions and corresponding per tonne caps, distinguishes subcategories (e.g. forged, cold rolled, coated) with different rates, and includes definitions of 'plates,' 'universal plates' and 'hoops.'
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Provisions expressly mentioned in the judgment/order text.
Effective excise rate cap for specified iron and steel goods limits duty to stated per tonne rates under central excise rules.
Notification sets an effective excise rate cap for specified iron and steel goods in Chapters 72 and 73 by exempting those goods from so much of the tariff duty as exceeds an amount calculated at the specific per tonne rates listed in the annexed Table. The Table identifies tariff headings, product descriptions and corresponding per tonne caps, distinguishes subcategories (e.g. forged, cold rolled, coated) with different rates, and includes definitions of "plates," "universal plates" and "hoops."
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