NTF. NO. 35/1998, DT. 11/12/1998
Prime Steel Imports - Floor Price Fixed
S.O (E) -In exercise of powers conferred under section 5 of the of Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 1.3 and 4.1 of the Export and Import Policy, 1997-2002, the Central Government hereby makes the following amendment in the Policy, 1997-2002 (incorporating amendment made upto 13.4.98) and ITC (HS) Classification of Export and Import) item , 1997-2002 published on 31st March,1997 and as amended from time to time, namely - In the Import Licensing Notes, appearing in Chapter 72 of the said ITC (HS) Classifications of Export and Import Items 1997-2002 (HS) Classification, the following clause shall be inserted in the end:
"(4) Prime steel items specified below is permitted for imports Free except those in respect of which the c.i.f. value is below the value specified against each of these items:
|
S.No. |
ITC(HS)Code |
Description |
Minimum c.i.f. value (US $ per M.T.) |
|
1 |
72.08 |
H.R. Coils (TMQ) |
302 |
|
2 |
72.08 |
HR Sheets |
317 |
|
3 |
72.09 |
CR Coils |
392 |
|
4 |
72.10 |
Tinplates |
720 |
|
5 |
72.10 |
Electrical Sheets(CRNO) |
763 |
|
6 |
72.11 |
Plates |
409 |
|
7 |
72.27.90 |
Alloy Steel Bars & Rods (Hot Rolled in Coils) |
740 |
This issues in public interest.
Sd/-
(N.L. Lakhanpal)
Director General of Foreign Trade and ex-officio
Additional secretary to the Government of India
(Pl. see POL CIR No. 24/(RE-99) Dated 30-7-1999 )
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