Excise duty exemption for specified steel and iron products where conditions and Chapter X procedures are complied with. The notification caps excise duty on specified iron and steel goods by exempting the amount in excess of stated effective rates for listed headings, contingent on officer satisfaction and adherence to the procedural requirements of Chapter X; categories include ferrous waste and scrap used in electric-furnace manufacture, ingots and primary forms for specified castings or rails and sleepers, rails and sleepers proven for railway use, and certain Chapter 72/73/84 goods used as raw material to produce exempted waste and scrap in the factory.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Excise duty exemption for specified steel and iron products where conditions and Chapter X procedures are complied with.
The notification caps excise duty on specified iron and steel goods by exempting the amount in excess of stated effective rates for listed headings, contingent on officer satisfaction and adherence to the procedural requirements of Chapter X; categories include ferrous waste and scrap used in electric-furnace manufacture, ingots and primary forms for specified castings or rails and sleepers, rails and sleepers proven for railway use, and certain Chapter 72/73/84 goods used as raw material to produce exempted waste and scrap in the factory.
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