Prescribes effective rate of basic customs duty on specified goods of iron and steel falling under Chapter 73
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....f Act, 1975 (51 of 1975) specified in column (2) of the said Table, when imported into India, from so much of that portion of the duty of customs leviable thereon which is specified in the said First Schedule as is in excess of the amount calculated at the rate specified in the corresponding entry in column (4) of the said Table : Provided that nothing contained in this notification shall affect the exemption granted under any other notification of the Government of India for the time being in force, from the duty of customs specified in the said First Schedule in respect of the goods referred to in this notification. TABLE Sl. No. Heading No. Description of goods Rate (1) (2) (3) (4) 1. 73.01 Sheet pi....
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..... 73.07 Tube or pipe fittings (for example, couplings, elbows, sleeves) of iron or steel - (i) of stainless steel 155% ad valorem (ii) Other 70% ad valorem 6. 73.08 Structures (excluding prefabricated buildings of Heading No. 94.06) and parts of structures (for example, bridges and bridge-sections, lock-gates, towers lattice masts, roofs, roofing frameworks, doors and windows and their frames and thresholds for doors, shutters, balus­trades, pillars and columns), of iron or steel; plates, rods, angles, shapes, sections, tubes and the like prepared for use in structures, of iron or steel- (i) of stainless steel 155% ad valorem....
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....bsp; (ii) other - (a) mooring chains 35% ad valorem (b) other   70% ad valorem 13. 73.16 Anchors, grapnels and parts thereof, of iron or steel. 35% ad valorem. 14. 73.17 Nails, tacks, drawing pins, corrugated nails, and similar articles (excluding staples), of iron or steel, whether or not with heads of other material, but exclu­ding such articles with heads of copper. 70% ad valorem 15. 73.18 Screws, bolts, nuts, coach-screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel. 70% ad valorem 16. 73.19 Sewing needles, knitting needles, bodkins, croche....
TaxTMI