High Carbon Steel exemption caps customs duty at the specified ad valorem rate, subject to defined forms and definitions. The Central Government exempts specified forms of High Carbon Steel within Chapter 72 from customs duty to the extent that such duty exceeds the amount calculated at a specified ad valorem rate. The exemption covers listed product forms including puddled bars, ingots, blooms, billets, slabs, sheet bars and bars and rods (including wire rod and hollow mining drill steel). Definitions for High Carbon Steel and 'hollow mining drill steel' are provided and the notification specifies its commencement.
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.
High Carbon Steel exemption caps customs duty at the specified ad valorem rate, subject to defined forms and definitions.
The Central Government exempts specified forms of High Carbon Steel within Chapter 72 from customs duty to the extent that such duty exceeds the amount calculated at a specified ad valorem rate. The exemption covers listed product forms including puddled bars, ingots, blooms, billets, slabs, sheet bars and bars and rods (including wire rod and hollow mining drill steel). Definitions for High Carbon Steel and "hollow mining drill steel" are provided and the notification specifies its commencement.
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