(i) Iron & Steel Melting Scrap and Specified IronOre, Ashes and residues -Duty Iron - Duty reduced to 5% [Chapter 72] (ii) reduced [Chapter 26] - 116/94 - Customs -Tariff
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Customs duty reduction for iron and iron-ore products: lowers ad valorem rates for specified scrap and ore classifications. Amendment of customs tariff notifications reduces ad valorem duties by substituting a lower ad valorem rate in one prior notification and replacing the operative tariff Table in another, specifying revised ad valorem rates for iron ore pellets and other mineral classifications and excluding certain wastes from particular rates, thereby altering the duty schedule applicable to the listed commodity classifications.
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Provisions expressly mentioned in the judgment/order text.
Customs duty reduction for iron and iron-ore products: lowers ad valorem rates for specified scrap and ore classifications.
Amendment of customs tariff notifications reduces ad valorem duties by substituting a lower ad valorem rate in one prior notification and replacing the operative tariff Table in another, specifying revised ad valorem rates for iron ore pellets and other mineral classifications and excluding certain wastes from particular rates, thereby altering the duty schedule applicable to the listed commodity classifications.
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