Government withdraws export duty on Steel

Exports of iron ore lumps and fines < 58% Fe will attract nil export duty

Thus with effect from 19 Nov, 2022,-

1.  Exports of iron ore lumps and fines > 58% Fe will attract lower export duty of 30%.

Thus with effect from 19 Nov, 2022,-

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from 19 Nov, 2022

2.  Exports of iron ore lumps and fines > 58% Fe will attract lower export duty of 30%.

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from 19 Nov, 2022

3.  Exports of iron ore pellets will attract nil export duty.

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from 19 Nov, 2022

4. Exports of pig iron and steel products classified under HS 7201, 7208, 7209,7210,7213, 7214, 7219, 7222 & 7227 will attract nil export duty

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from 19 Nov, 2022

5. Anthracite/PCI & coking coal and ferronickel will attract import duty of 2.5%.

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from 19 Nov, 2022

6.– Coke and Semi coke will attract 5% import duty.