Tag: Goa
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India: Goa Government delaying Iron Ore E-auction on hopes of Duty Cut
Goa government is delaying E-auction of Iron ore on hopes that export duty on low grade ore may be reduced in coming budget session. The current export duty on Iron ore is 30% on ad valorem. When the duty was imposed in 2012, international prices of Iron ore were as high as USD 175-180/MT. Goa, which…