Effective Rates of Basic Customs Duty on iron and steel imports distinguish stainless and other items and limit chargeable duty. The Central Government limits basic customs duty on imports of Chapter 73 iron and steel articles by exempting that portion of duty exceeding the effective ad valorem rates specified in the annexed Table. The Table prescribes maximum chargeable ad valorem rates for each heading, often distinguishing between articles of stainless steel and other articles, and the notification supersedes the earlier referenced notification while not affecting other existing exemptions.
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.
Effective Rates of Basic Customs Duty on iron and steel imports distinguish stainless and other items and limit chargeable duty.
The Central Government limits basic customs duty on imports of Chapter 73 iron and steel articles by exempting that portion of duty exceeding the effective ad valorem rates specified in the annexed Table. The Table prescribes maximum chargeable ad valorem rates for each heading, often distinguishing between articles of stainless steel and other articles, and the notification supersedes the earlier referenced notification while not affecting other existing exemptions.
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