INTIEAIndia · 2022 decrease in customs duties for iron ore and concentrate exportPolicyIn force

2022 decrease in customs duties for iron ore and concentrate export

In November 2022, the Indian government implemented a decrease in customs duties for iron ore and concentrate exports. Customs duty on iron ore (grade higher than 58%) was reduced to 30% from the earlier imposed duty of 50%, announced in May 2022, while all export duties were…

Dernière modification il y a 2 ans.

Vue extraite pour la lecture · Original pour les preuves de conformité

Cycle de vie

  1. En vigueur
  2. Dernière modification

Country / jurisdiction: India · Year: 2011 · Status: In force · Level: National · Type: Voluntary

In November 2022, the Indian government implemented a decrease in customs duties for iron ore and concentrate exports.

Customs duty on iron ore (grade higher than 58%) was reduced to 30% from the earlier imposed duty of 50%, announced in May 2022, while all export duties were lifted for lower grade iron ore. The revision came into effect from 19th November 2022.

Earlier, in May 2022, the government had imposed export duties on the iron ore and concentrates by the way of amending Second Schedule and Notification No. 27/2011.

Official source: https://taxinformation.cbic.gov.in/view-pdf/1009553/ENG/Notifications

Source

https://www.iea.org/policies/20152

Document officiel chez le régulateur. Citez toujours cette URL — et non la page de détail Vantage — dans les preuves de conformité.

Connexes dans International

INTEnergy Newsoilprice:oilprice-article-44722ActualitésIn force

How Many Barrels of Oil Do AI Data Centers Consume on a Daily Basis?

Back in 2017, we did the math to figure out how much oil it takes to mine a single Bitcoin. The answer then was about 20 barrels of oil equivalent per coin. Today it's closer to 500. The Bitcoin network now draws somewhere between 138 and 175 terawatt-hours a year, depending on whose model you trust… Split across the roughly 164,000 coins minted annually since the last halving, that lands at around 500 barrels of oil equivalent at today’s prices per Bitcoin, and past 600 on the higher estimates. But Bitcoin is the warm-up…

il y a 3 heures
INTEnergy Newsoilprice:oilprice-article-44726ActualitésIn force

Half-Open, Half-Closed Strait of Hormuz Baffles Oil Markets

Oil prices have continued to whipsaw since the U.S. and Iran announced last week signed a deal to make a deal as traffic through the Strait of Hormuz is anything but straight and not expected to normalize within days. Contradictory messaging from Iran and the United States on the navigability of the chokepoint have intensified during the weekend amid a difficult start to the (delayed) talks in Switzerland. Shippers and insurers, who were already very cautious about returning to the Persian Gulf and its key trade lane, are wary of an operating environment…

il y a 4 heures
INTEnergy Newsoilprice:oilprice-article-44725ActualitésIn force

Global EV Industry Faces Outsized Risk From Cobalt Supply Disruptions

Back in 2020, the electric vehicle sector witnessed a major evolutionary change after leading EV makers started using cobalt-free batteries at scale. Back then, Tesla Inc. (NASDAQ:TSLA) officially shifted to Lithium Iron Phosphate (LFP) for its standard-range vehicles while its leading Chinese rival, BYD Company (OTCPK:BYDDF), introduced its famous "Blade" batteries, triggering mass adoption of LFP batteries for electric vehicles by other automakers. LFP batteries have helped EV manufacturers to lower production costs, eliminate reliance on expensive…

il y a 5 heures
INTEnergy Newsoilprice:oilprice-article-44724ActualitésIn force

The Hormuz Threat Oil Markets Are Ignoring

Threats from President Trump to bomb Iran again and Iranian negotiators leaving the talks in Switzerland once again clouded the outlook for one of the world’s busiest oil chokepoints. Talks are progressing, but the degree of uncertainty about global oil supply security remains high—because of the risk environment in the strait, of which most appear to be oblivious. Social media users have started calling Hormuz the Strait of Schrodinger, and with good reason. It is not only about whether the passage of vessels is unobstructed by Iranian…

il y a 6 heures
INTEnergy Newsrigzone:https://www.rigzone.com/news/wire/oil_drops_as_iran_talks_advance-22-jun-2026-183968-article/?rss=trueActualitésIn force

Oil Drops as Iran Talks Advance

Crude declined after the US approved limited Iranian oil sales and shipping through the Strait of Hormuz continued to recover.

il y a 6 heures