Customs duty exemption for specified steel imports limits leviable duty to prescribed rates for defined steel categories. Exemption caps customs duty on specified Chapter 72 steel imports by allowing exemption from the portion of duty exceeding amounts calculated at prescribed rates: High Carbon Steel (sub chapter II) at 70%; Cold Rolled Electrical Steel Sheets (sub chapter IV) at 60%; Alloy Steel other than those electrical sheets (sub chapter IV) at 70%. Definitions qualify 'High Carbon Steel' by specific carbon, phosphorus and sulphur content, and 'Sheets' as rolled products other than coils for re rolling, including rectangular widths over 500 mm.
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Provisions expressly mentioned in the judgment/order text.
Customs duty exemption for specified steel imports limits leviable duty to prescribed rates for defined steel categories.
Exemption caps customs duty on specified Chapter 72 steel imports by allowing exemption from the portion of duty exceeding amounts calculated at prescribed rates: High Carbon Steel (sub chapter II) at 70%; Cold Rolled Electrical Steel Sheets (sub chapter IV) at 60%; Alloy Steel other than those electrical sheets (sub chapter IV) at 70%. Definitions qualify "High Carbon Steel" by specific carbon, phosphorus and sulphur content, and "Sheets" as rolled products other than coils for re rolling, including rectangular widths over 500 mm.
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