IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 09 Sep 2011 | Removal date: open ended
Still in force

Import tariff

 On 9 September 2011, vide Notification No. 87/2011, the Government of India introduced an exemption for cold rolled sheets of grain- oriented (CRGO) silicon-electrical steel for manufacture of transformers from the payment of additional customs duty upon import into India. 
Additional duty is leviable under Section 3(5) of the Customs Tariff Act, 1975. Section 3(5) provides for the levy of additional duty, at a rate not exceeding 4%, to counter-balance sales tax, value added tax, local tax or other charges leviable on like local products.
 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

412 Products of iron or steel
7225 Flatrolled products of other alloy steel, of a width of 600 mm or more.
722511 Grainoriented
722519 Other
722530 Other, not further worked than hotrolled, in coils
722540 Other, not further worked than hotrolled, not in coils
722550 Other, not further worked than coldrolled (coldreduced)
722591 Electrolytically plated or coated with zinc
722592 Otherwise plated or coated with zinc
722599 Other
7226 Flatrolled products of other alloy steel, of a width of less than 600 mm.
722611 Grainoriented
722619 Other
722620 Of high speed steel
722692 Not further worked than coldrolled (coldreduced)
722699 Other

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