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: 06 Aug 2009 | Removal date: 06 Mar 2010
Still in force

Export tax

On 30 July 2009, the Ministry of Railways through Addendum No. 1 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 "0%" to "125% of base freight rate" depending on the distance of transport. This additional charge has been increased to a rate ranging from "Rs. 200 per tonne" to "125% of base freight rate plus Rs. 200 per tonne".
 
The measure was initially meant to be in force from 6 August 2009 until 5 November 2009 but was later extended until March 2010, when it was increased further (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
345 Miscellaneous basic chemical products
2601 Iron ores and concentrates, including roasted iron pyrites.
260120 Roasted iron pyrites

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