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The principal notification No. 105/99-Customs, dated the 10th August, 1999 was published in the Gazette of India Extraordinary vide G.S.R 582 (E), dated the 10th August, 1999 and was last amended by notification No. 145/2002-Customs, dated the 31st December, 2002.
Circular No. 690/06/2003-CX I am directed to say that doubts have been raised regarding leviability of Central Excise Duty on “Steel Formers” consumed captively in the Induction Furnaces. “Steel formers” are hollow cylindrical profiles. They are placed inside the crucible of the Induction Furnace. The space between the crucible and the former is packed with ramming mass (mixture of Sodium Silicate & Boric Acid) and asbestos sheets. Then the hollow portion inside the former is charged with scrap iron, sponge iron, etc.
