Notification No. 66/2008, Dated 10th May 2008

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

                                                      

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

New Delhi, the 10th May, 2008

Notification No.66/2008-CUSTOMS

G.S.R.       (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the goods specified in column (3) of the Table annexed hereto and falling under Heading No. of the Second Schedule to the Customs Tariff Act, 1975 (51 of 1975), specified in the corresponding entry in column (2) of the said Table, when exported out of India, from so much of the duty of customs leviable thereon under the said Second Schedule as is in excess of the amount calculated at the rate specified in the corresponding entry in column (4) of the said Table:

TABLE   

S. No.

Heading No.

Description of goods

Rate of duty

(1)

(2)

(3)

(4)

1.

27.

Pig iron and spiegeleisen in pigs, blocks or other primary forms

15%

2.

28.

Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having minimum purity by weight of 99.94%, in lumps, pellets or similar forms

15%

3.

29.

Ferrous waste and scrap, remelting scrap ingots of iron or steel

15%

4.

30.

Granules and powders, of pig iron, spiegeleisen, iron or steel

15%

5.

31.

Iron and non-alloy steel in ingots or other primary forms

15%

6.

32.

Semi-finished products of iron or non-alloy steel

15%

7.

33.

Flat rolled products of iron or non-alloy steel, hot rolled, not clad, plated or coated

15%

8.

34.

Flat rolled products of iron or non-alloy steel, cold rolled (cold-reduced), not clad, plated or coated

10%

9.

35.

Flat rolled products of iron or non-alloy steel, plated or coated with zinc

5%

10.

36.

Bars and rods, hot-rolled, in irregularly wound coils, of iron or non-alloy steel

10%

11.

37.

Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling

10%

12.

38.

Other bars and rods of iron or non-alloy steel

10%

13.

39.

Angles, shapes and sections of iron or non-alloy steel

10%

14.

40.

Wire of iron or non-alloy steel

10%

15.

41.

Tubes and pipes, of iron or steel

10%

16.

42.

Basmati rice

Rs.8000 per tonne

 

[F.No.B-1/1/2008-TRU]

(S. Bajaj)

Under Secretary to the Government of India

 

 

Click here for Clarification dated 03-06-2008 regarding - Export duty on iron and steel items – doubts regarding coverage of items in the Export Schedule

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