20 per cent Export Duty on all grades of Iron ore

Monday, 28 Feb 2011

SteelMint Exclusive

 

As per our series of updates on possibilty of an increase in export duty on Iron ore that is sent mainly to China and other nations..*

 

Export duty on all grades of Iron ore exported from India has gone up to 20%. Earlier, iron ore lumps attracted 15% duty whereas fines attracted 5% only. However, excise duty has been kept unchanged at 10%.


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