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Latest Articles in Export duty

Export Duty Removal Will Lead To New Era Of Growth For Steel Industry: Scindia

After so many years, the Indian steel industry has been able to enlarge its footprint globally, and therefore it was "our (government) job to provide a fillip" to the industry, Scindia said.

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Indian Govt Scraps Export Duty On Iron Ore

The export tax of 15 per cent on steel intermediates which was mandated in May has also been scrapped by the government on Saturday

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Government Raises Taxes On Diesel, Aviation Fuel Export

The government also hiked the windfall tax for domestically produced crude oil from 13,000 rupees per tonne to 13,300 rupees per tonne

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Government Cuts Windfall Tax On Domestic Crude; Export Duty On ATF, Diesel Hiked

The export duty on aviation turbine fuel was hiked from nil to Rs 2 per litre. Also, the export duty on diesel was hiked by two rupees to Rs 7 per litre from Rs 5 per litre

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Windfall Tax On Oil Producers Likely To Be Cut In Fortnightly Review

This is the third such review of the windfall tax and export duty levied on oil producers and fuels since July 1. The government removed the export duties on petrol and aviation turbine fuel (ATF) in the previous reviews

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High Export Tariff Of 45% To Make Iron Ore Pellet Export Unviable: ICRA

The Government of India slapped a hefty 45 per cent levy, from nil, on the export of iron ore pellets from May 21

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Duty-related Measures To Slash Steel Exports From India By 40% In FY23: CRISIL

On May 21, the government announced waiving of customs duty on the import of some raw materials, including coking coal and ferronickel, used by the steel industry. Also, the duty on exports of iron ore was hiked by up to 50 per cent and for a few steel intermediaries to 15 per cent

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Steel Prices Likely To Fall By Up To 15% In Domestic Market: EEPC

Reacting to the government's move to levy export duty on some steel items, EEPC India Chairman Mahesh Desai said engineering goods manufacturers and exporters would benefit from the move and become more competitive in the global markets

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Export Duty Hike: Ficci Seeks 3 Months To Clear 'Pending Steel Orders'

Reacting to the government's move to levy export duty on some steel items, V R Sharma, co-chair of FICCI Steel Committee said, "I suggest at least three months should be given to taper off orders and to supply the orders taken"

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Export Duty Unlikely To Have Any Major Negative Impact On Profitability Of Sugar Mills: ICRA

The Food and Consumer affairs ministry has implemented a 20 per cent duty on exports with an aim of checking the rise in domestic sugar prices by discouraging exports and thus maintaining adequate domestic sugar supplies

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