2 years, 1 month ago
Govt cuts export duty on steel, iron ore; hikes import duty on some raw materials
The HinduSix months after imposition of the levy, the government has cut the export duty on steel products and iron ore with effect from Saturday, November 19, 2022. As per a Finance Ministry notification issued late night on Friday, exports of specified pig iron and steel products as well as iron ore pellets will attract 'nil' export duty. Also, export duty on outward shipment of iron ore lumps and fines with less than 58% iron content will be 'nil'. The Finance Ministry had in May hiked the export duty on pig iron and steel products to 15% from 'nil', a move which was intended to discourage exports and increase domestic availability to help lower prices.
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History of this topic
4 months, 1 week ago
Indian steelmakers' body seeks export tariff on low-grade iron ore, pellets
Hindustan Times
1 year, 11 months ago
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2 years, 4 months ago
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2 years, 7 months ago
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2 years, 7 months ago
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3 years, 10 months ago
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3 years, 11 months ago
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4 years, 4 months ago
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