TIOL-DDT 995 · Wednesday, 19 November 2008 · story 1 of 4

Customs Duty levied on Crude Soya-bean Oil; Iron and Steel

Exemption to Crude Soya-bean Oil has been withdrawn and an effective rate of 20% duty has been imposed.

Pig iron and spiegeleis en in pigs, blocks or other primary forms will now attract 5% duty instead of the nil duty at present.

The following goods other than seconds and defects will now attract 5% Customs duty instead of nil.

1. 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 - 7203

2. Granules and powders, of pig iron, spiegeleisen, iron or steel -7205

3. Iron and non- alloy steel in ingots or other primary forms - 7206

4. Semi-finished products of iron or non-alloy steel - 7207

5. Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, hot-rolled, not clad, plated or coated - 7208

6. Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, cold-rolled (cold-reduced), not clad, plated or coated - 7209

7. Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, clad, plated or coated - 7210

8. Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, not clad, plated or coated - 7211

9. Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, clad, plated or coated - 7212

10. Bars and rods, hot-rolled, in irregularly wound coils, of iron or non- alloy steel - 7213

11. 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 - 7214

12. Other bars and rods of iron or non-alloy steel - 7215

13. Angles, shapes and sections of iron or non-alloy steel -7216

14. Wire of iron or non-alloy steel - 7217

Notification NO. Dated: November 18, 2008

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