The mines ministry has written to the finance ministry to propose scrapping a 5 per cent export duty on iron ore pellets, Mines Secretary Balvinder Kumar said, adding the government could also look at abolishing duty on low-grade iron ore. He said miners in Goa have written to him seeking the cancellation of the 10 per cent duty on overseas shipments of iron ore from the state. Goa is known for low-grade ore used mainly by Chinese steel mills. India was also looking at a request to raise the import duty on aluminium to 7.5 per cent from 5 per cent to protect local companies from rising supplies from countries like China.
FlashNews:
Railways Deploys 6,181 Special Trains for Post-Chhath Return; Bihar Stations Reinforced for Festive Rush
NTPC and EIL Partner to Develop Coal-to-SNG Facility for Grid Stability and Clean Energy Transition
NHAI to Display Toll Pass Details at Fee Plazas to Boost Transparency and Ease Travel
TEC Signs MoU with IIT-Hyderabad to Drive Indigenous Telecom Standards
Grid of Change: Odisha Model and Reimagining Power Sector Reforms Through PPPs
SAEL to Procure 2 MT of Paddy Waste for Clean Energy Push, Targets 300,000 Tonnes CO₂e Avoidance
Vikram Solar Secures 148.9 MW Module Order from Sunsure Energy for Maharashtra and Uttar Pradesh Projects
KPIL Secures ₹23.32 Billion in New Orders Across T&D and Civil Infrastructure Businesses
NHAI to Deploy Network Survey Vehicles for 20,000-Plus km Highway Audit Across 23 States
India’s Renewables Pivot: From Speed to System Strength
IndiGo Expands Saudi Connectivity with Daily Mumbai-Madinah Flights from November 15
Vaishnaw Visits Delhi Station as Railways Set to Run Record 12,011 Festive Trains
UDAN Turns Nine: 15.6 Million Flyers, ₹90 Billion Invested in Regional Aviation
India’s Logistics Cost to Hit Single Digits by December 2025: Gadkari
Toshiba Commits ₹32.32 Billion to Expand T&D Manufacturing in Japan and India
Embraer-Mahindra Alliance to Deliver C-390 Millennium Transport Aircraft for IAF
Inland Waterway Haldia Multi-Modal Terminal Operationalised Under PPP Model
Digital Monitoring Led to Shutdown of 51 Stalled Projects in Northeast: Scindia
IndiGo Confirms 60 A350-900s, Signs Rolls-Royce Deal to Power Long-Haul Expansion
Home » Mines Min propose scrapping export tax on iron pellets
Mines Min propose scrapping export tax on iron pellets
Coal & Mining
December 1, 2015December 1, 2015


Leave a Reply
You must be logged in to post a comment.