Tag: Met coke import duty cut
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India: How removal of import duty on met coke could impact domestic coke producers?
On 21 May’22, the Indian government announced the removal of import duty on coking coal and met coke. While the duty on met coke was reduced to nil from 5% previously, the tariff on coking coal (including AIDC) was reduced to zero from 2.5% previously. Although this was a move welcomed by Indian steel manufacturers…