NTF. NO. 35/1998, DT. 11/12/1998
- Document type
- Circular
- Reference no.
- B
- Dated
PRIME STEEL IMPORTS (FLOOR PRICE FIXED)
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 )