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of <h1>India Grants 12% Duty Rebate on Non-Alloy Steel Exports to Nepal Under Rule 12 of Central Excise Rules</h1> The Central Government of India has issued a notification granting a rebate on duties for the exportation of non-alloy steel ingots, billets, and hot re-rolled products to Nepal. This rebate is applicable under rule 12 of the Central Excise Rules, 1944, and is set at 12% of the export price, capped at the total customs and additional duties imposed by Nepal on similar imports from countries other than India. The goods must be exported directly from a factory or warehouse, and specific border checkposts are designated for land exports. The procedure outlined in a previous notification must be followed.
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