iron ore,royalty and excise duty
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FIMI seeks 30% duty on iron ore imports
Sep 26, 2018· The Federation of Indian Mineral Industries (FIMI) has urged the government to impose 30 per cent import duty on iron ore and iron ore pellets to protect the domestic miners It ,...
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Indian Union Budget 2015
Indian Union Budget 2015-16, Excise duty changes under Chapter 73,ARTICLES OF IRON OR STEEL , Do you wish to comment about the above changes in import excise duty for ARTICLES OF IRON OR STEEL under Indian Budget 2015-16 , Indian Union Budget 2015-16, Central Excise Duty changes under Chapter 24...
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2019 (4) TMI 1449
By no stretch of imagination, this can be treated as donation In case of failure to contribute to the above trusts, the business/rights of iron ore extraction would legally get hampered Whereas, donations are always voluntary here in the instant case there is compulsory payment to both the trusts in proportion to the amount of royalty...
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Budget 2016: Govt to remove export duty on low
Feb 29, 2016· There is a 30% export duty on iron ore fines with Fe content of 58% and above and 10% for below this content For iron ore lumps, the duty is a flat 30% Current price for iron ore is around USD 39-40 a tonne, excluding royalty, cesses and transport costs By reducing the export duty to 10%, there is a good chance to find some takers for the ore...
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INDIA BUDGET
Feb 28, 2007· INDIA BUDGET-Steel makers welcome iron ore duty hike , boost demand such as reduction in excise duty, which was not mentioned in the budget announcement , of export duty on iron ore ,...
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Alloy steel: Benefits from cut in customs duties
Mar 19, 2012· Alloy steel: Benefits from cut in customs duti Basic Customs Duty is being reduced to 25 per cent for the equipments required for setting up or substantial expansion of iron ore pellet plants ....
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Pan masala, gutka to cost more as govt raises duty
Jan 28, 2014· Pan masala, gutka to cost more as govt raises duty , The government has also decided to impose a 5% export duty on iron ore pellets in ,...
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Positive news for the aluminium sector
Increase the rate of tax on payments by way of royalty and fees for technical services to non-residents from 10% to 25% , export duty on iron ore- Union Budget 2013-14 has proposed to levy 10% ....
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METALS AND MINING
Fourth-Largest iron ore , Government changed customs and excise duty on certain mineral fuels & mineral oils , METALS AND MINING Metals and mining Iron and steel segment offers a product mix which includes hot rolled parallel flange beams and columns rails, plates, coils, wire ....
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Iron and steel industry in India
The government has also imposed an export duty of 30% on all forms of iron ore except low grades, which carry a duty of 10%, while iron ore pellets have an export duty of 5% to control ad-hoc exports of the items and to conserve them for the long-term requirements of the domestic steel industry...
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Iron Ores Importers List & Directory in China
Contact us at +91-11-40703001 to have a list of genuine Iron Ores buyers and Pric , Iron Ores Importers List & Directory in China Find out details of each Bill of entry of China Iron Ores Import Data products filed at China Customs , Custom Duty Duty Drawback Notification Hscode Policy Excise Duty Foreign Policy Story of Our ....
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Excise Duty In Manganese Ore Grinding
In exericse of powers conferred by Section 3 of the Iron Ore Mines, Manganese Ore Mines and Chrome Ore Mines Labour Welfare Cess Act, 1976(No 55 of 1976), the Central Government hereby fixes, with effect from 1st August, 1990, the rate of one rupee per metric tonne as the rate at which the duty of excise and duty of customs on all iron ore ....
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Royalty on Iron ore
Royalty on Iron ore -An overview with a special reference to India Dr P K Jain Abstract - Levy of royalty on minerals is a universal concept Royalty in law means a payment made to the owner of certain types of rights by those who are permitted by the owner to exercise such rights...
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State Energy Revenues Update
State Energy Revenues Update By Judy Zelio and Lisa Houlihan States that rely on natural resources for a substantial share of state revenues derive them from both state severance taxes and resource leases on federal lands within their borders Severance taxes are excise taxes on natural resources "severed" from the earth...
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Excise duty on iron ore [Resolved]
Aug 23, 2011· 25 August 2011 Iunderstand that it will be charged as per the tariff rate but as per 4/2006 iron ore is exmpted from excise duty so please tell me wheather there is any excise duty on iron ore ,...
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What are the items on which export duty is levied?
Jun 13, 2017· Here's a BINGO Just in case, if you also want to know about exemptions I've not mentioned about cess for now, but if needed will add to this :) * THE SECOND SCHEDULE - EXPORT TARIFF Notes: 1 In this Schedule, "Chapter", "heading", and "tariff i....
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NMDC slashes iron ore prices by Rs 50 per tonne
Mar 16, 2020· The price of iron ore fines, which are inferior grade ore, has also been reduced by Rs 50 to Rs 2,860 per tonne The revised prices exclude royalty, DMF (District Mineral Fund), NMET (National ....
