Prescribes effective rates of basic duty on high carbon steel, stainless steel and other alloy steel falling under Chapter 72 - 081/90 - Customs -Tariff
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Customs duty exemption for imported steel prescribes capped basic duty rates by steel category, with defined high carbon threshold. Prescribes basic duty caps on imports of specified steel by exempting customs duty in excess of the ad valorem rates set for Sub Chapters II, III and IV (High Carbon Steel, Stainless Steel, Other Alloy Steel). The notification supersedes an earlier notification, preserves other existing exemptions, and defines High Carbon Steel as non alloy steel containing by weight 0.6% or more carbon.
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.
Customs duty exemption for imported steel prescribes capped basic duty rates by steel category, with defined high carbon threshold.
Prescribes basic duty caps on imports of specified steel by exempting customs duty in excess of the ad valorem rates set for Sub Chapters II, III and IV (High Carbon Steel, Stainless Steel, Other Alloy Steel). The notification supersedes an earlier notification, preserves other existing exemptions, and defines High Carbon Steel as non alloy steel containing by weight 0.6% or more carbon.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.