Exemption for melting scrap imported for electric arc furnace use reduces customs duty above statutory rate. Exempts melting scrap (other than heavy melting scrap) of iron or steel (excluding stainless or heat resisting steel) under Chapter 72, when imported for use in an electric arc furnace, from customs duty insofar as it exceeds the amount calculated at the rate of 20 per cent ad valorem, subject to satisfaction by the proper officer that the scrap is used in an electric arc furnace; notified under section 25(1) of the Customs Act and effective until 31 May 1987.
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Exemption for melting scrap imported for electric arc furnace use reduces customs duty above statutory rate.
Exempts melting scrap (other than heavy melting scrap) of iron or steel (excluding stainless or heat resisting steel) under Chapter 72, when imported for use in an electric arc furnace, from customs duty insofar as it exceeds the amount calculated at the rate of 20 per cent ad valorem, subject to satisfaction by the proper officer that the scrap is used in an electric arc furnace; notified under section 25(1) of the Customs Act and effective until 31 May 1987.
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