ANNOUNCEMENT 30 Dec 2011In December 2011, the government of India announced a change in export taxation.
NUMBER OF INTERVENTIONS
Notification No. 129/2011
Ameding Notification No. 27/2011
On 30 December 2011, the Government of India (according to Notification No. 129/2011) increased export tariffs on iron ore and concentrates other than iron ore pellets from 20% to 30%.
The export tariffs on iron ores and concentrates of all sorts was set at 15% in June 2008, then decreased to 10% in December 2009, before being increased to to 15% in April 2010 and to 20% in March 2011.