NTF. NO. 34/1998, DT. 10/12/1998
Minimum CIF price of specified defective steel items fixed for import
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 cy, 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:
"(3) Seconds and Defectives of 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.
2.
3.
4.
5.
6.
7. |
72.08
72.08
72.09
72.10
72.10
72.11
7227.90 |
H.R. Coils (TMQ)
HR Sheets
CR Coils
Tinplates
Electrical Sheets (CRNO)
Plates
Alloy Steel Bars & Rods
(Hot Rolled in Coils) |
232
243
299
545
577
311
560 |
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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