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of <h1>India Exempts Certain Iron & Steel Products from Customs Duty per Notification No. 61/86-Cus, Effective February 28, 1986.</h1> The Central Government of India issued Notification No. 61/86-Cus under the Customs Act, 1962, effective February 28, 1986, to exempt certain iron and steel products from a portion of customs duties. The exemption applies to goods specified in the notification, including remelting scrap ingots, semi-finished products, and various iron and steel products with carbon content less than 0.6% by weight. The applicable rates of duty range from 60% to 100% ad valorem, depending on the product type and specifications outlined in the notification's table.
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