India: Removal of export duty on iron ore pellets
Description
According to the Permanent Delegation of India to the WTO, the government of India has abolished its iron ore export taxes as of 1 April 2011. The export restrictions on further iron ore products remain in place.
On 29 April 2010, India had raised the export duty from 10 per cent to 15 per cent on Iron Ores and Concentrates. This was announced by the finance minister in his reply to the debate on the Finance Bill 2010-11.
Initially, the Indian government had re-imposed export duties on iron ore products on 24 December 2009. For iron ore fines, the tariff has been raised from zero to 5 percent. For iron ore other than fines, the import tariff was raised from 5 percent to 10 percent.
Previously, the Indian government had reduced export duties on iron ore fines. After a reduction of the export duty to Rs. 200 per tonne on 31 October 2008, the government transformed the duty into an 8 percent ad valorem duty on 7 November 2008. Also, the export duty on iron ore fines was abolished on 7 December 2008. On the same day, export duties on all other varieties of iron ore were reduced to 5 percent.
Any Evidence-Based Deliberation:
| Question | Result |
|---|---|
| Is there anything in the public record to suggest that evidence of the effectiveness of the proposed measure was considered during official deliberations? | |
| Is there any evidence that alternatives to the proposed measure were considered? | |
| Is there anything in the public record that suggests that empirical evidence informed the comparison across the alternatives available to government? | |
| Was such evidence identified? | |
| Is such evidence publicly available? | |
| Did the official decision-maker in question provide an explanation as to why a chosen measure was favoured over alternatives? | |
| Is there any evidence to suggest that potentially affected trading partners were consulted before the measures were taken? | |
| Is there any evidence that safeguards have been put in place to ensure that implementation of the initiative is transparent and non-discriminatory? | |
| Did the government state its intention to review the measure within one year of implementation? |
Date Discovered: 01/06/2010
Implemented: Yes
Date of inception: 1 Apr 2011
GTA Evaluation: Amber
Source:
FM Announces Fresh Sops in Reply to Debate on FB2010, http://www.worldtradescanner.com/FM%20Announces%20Fresh%20Sops%20in%20Re...
WTO. (2011). REPORT ON G20 TRADE MEASURES [May 2011]. Available at http://www.wto.org/english/news_e/news11_e/g20_wto_report_may11_e.doc
Indian Government. (31 October 2008). Changes in duties rates including ATF. To be obtained at
http://www.pib.nic.in/release/release.asp?relid=44359
Indian Government. (12 December 2008). Revision of Export Duty Rates on Iron Ore. To be obtained at
http://pib.nic.in/release/release.asp?relid=45602
WTO, OECD & UNCTAD. (2010). REPORT ON G20
TRADE AND INVESTMENT MEASURES. Available at http://www.unctad.org/en/docs/wto_oecd_unctad2010d1_en.pdf
For the evolution of export taxes on iron ore see the following notifications of Indian Customs:
- Notification No. 56/2010-Customs, http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2k10/cs-tarr2...
- Notification No. 147/2009-Customs, http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2k9/cs147-2k9...
- Notification No. 130/2008-Customs, http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2k8/cs130-2k8...
- Notification No.117/2008-Customs, http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2k8/cs117-2k8...
- Notification No.79/2008-Customs, http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2k8/cs79-2k8.htm
Government Response:
- 563 reads
