IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Mar 2011 | Removal date: 29 Feb 2012
Still in force

Export tax

 On 1 March 2011, the Ministry of Railways through Addendum No. 14 to Rates Circular No. 36 of 2009 increased the Distance based Charges on freight of iron ore that is to be exported and used in the production of iron and steel.

The Distance based Charge applicable on such iron ore transportation was earlier set at a rate ranging from "Rs. 1500 per tonne" to "125% of base freight rate plus Rs. 1500 per tonne" depending on the distance of transport. This additional charge has been increased to a rate ranging from "Rs. 1600 per tonne" to "125% of base freight rate plus Rs. 1600 per tonne".
The new rates are applicable from 3 March 2012.
 
The charges were later reduced in March 2012 (see related measure).

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

141 Iron ores & concentrates, other than roasted iron pyrites
2601 Iron ores and concentrates, including roasted iron pyrites.
260111 Nonagglomerated
260112 Agglomerated

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