TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-II, SECTION-3, SUB SECTION (ii)

GOVERNMENT OF INDIA

MINISTRY OF COMMERCE

NOTIFICATION NO. 35 (RE-98) 1997-2002

NEW DELHI: 11TH DECEMBER, 1998

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 IndiaCopy to all concerned:

(N.P.S.Monga)

Jt. Director General of Foreign Trade

(File No. 01/93/214/00003/AM-99/M-445)

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