Clarification regarding FPS benifits to 'Other Cast Articles of Iron & Steel'-ITC(HS) code-7325 under SI. No. 279 of Appendix 37 D as revised vide Public Notice 52 dated 25.02.2014.

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Government of India

• Ministry of Commerce & Industry Department of commerce

• Directorate General of Foreign Trade Udyog Bhawan, New Delhi

Trade Notice No. 08/2016

Dated 09" June, 2016

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----- Start of picture text -----<br> 2. IEC Holders<br>1. All Regional Authorities of DGFT<br>----- End of picture text -----<br>

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| Subject :- Clarification regarding FPS benefits to “Other Cast Articles of | asIronrevised & Steel”-vide ITCPublic (HS)Notice code-52 7325dated under25.02.2014.SI. No. 279 of Appendix 37 D

The following entries in the Appendix 37D provides benefit of FPS to the Articles of Iron & Steel. Cast Item Description |[__ITC(HS)] Code | Cast Articles ofAlloy steel malleable | ___73259920 Articles of Stainless Steel malleable 73259930 Other Cast Articlesof Iron & Steel 7325

2. One ofthe RAs has sought clarification on the following issues: | Ifthe purpose of FTP is to grant FPS benefit only to Malleable Products | under the ITC (HS) Code 73259920 and 73259930, then SI.No.279 of Appendix 37D with ITC(HS) Code 7325 is invalid [c [fthe purpose ofFTP is to grant FPS to all the productsfalling under the HS Code group 7325 whether it is malleable or not then all the claim with SI. No 279 of Appendix 37 D with ITC (HS) Code 7325 is valid. 3. The issue has been examined in this Directorate. The entry at SI. No. 279 of Appendix 37 D with ITC (HS) Code 7325 does not have any condition that ___ the products are to be malleable or non- malleable, Therefore, it is clarified that . all “Other Cast Articles of Iron or Steel” falling under the four digit ITC(HS)

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Code- 7325 whether malleable or non- malleable are eligible for FPS under the entry at serial no, 279 of Appendix 37 D as revised vide Public Notice no. 52 dated 25.02.2014.

4. ‘This issues with the approval of the competent authority. wale e\6 (Lokesh- Abe,F1)) Deputy Director General of Foreign Trade e.mail : lokesh.hd@nic.in

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