MINISTRY OF FINANCE
(Department of Revenue)
New Delhi
Notification No 28/2022-Customs | Dated: 21.05.2022
G.S.R. 380(E).Whereas, the Central Government is satisfied that export duty should be levied or increased on certain articles and that circumstances exist which render it necessary to take immediate action.
Now, therefore, in exercise of the powers conferred by sub-section (1) of section 8 of the Customs Tariff Act, the Central Government, hereby directs that the Second Schedule to the Customs Tariff Act shall be amended in the following manner, namely:-
In the Second Schedule to the Customs Tariff Act, –
(1) against SlNo. 21, for the entry in column (4), the entry “50%” shall be substituted
(2) against SlNo. 22, for the entry in column (4), the entry “50%” shall be substituted
(3) against Sl. No. 43, for the entry in column (3), the entry “Flat rolled p oducts of iron or non-alloy steel, clad, plated or coated” shall be substituted;
(4) after Sl. No. 48 and the entries relating thereto, the following Sl. Nos. and entries relating thereto shall be inserted, namely:-
|
(1) |
(2) | (3) | (4) |
| “48A. | 7219 | Flat-rolled products of stainless steel, of a width of 600 mm or more | 15% |
| 48B. | 7222 | Other bars and rods of stainless steel; angles, shapes and sections of stainless steel | 15% |
| 48C. | 7227 | Bars and rods, hot-rolled, in irregularly wound coils, of other alloy steel | 15%” |
2. This notification shall come into force on the 22nd day of May, 2022.
[F. No. 354/12/2022-TRU]
NITISH KARNATAK, Under Secy.
AS PER CBIC NOTIFICATION cs28-2022
I HAVE EXPORTED HR PLATE HSN-72085110 DO WE HAVE TO PAY THE 15% EXPORT DUTY