is iron ore produced in china exempt from excise duty

Iron Ore Mines, Manganese Ore Mines And Chrome Ore Mines , Payment of duty of customs and duty of excise —(1) Every duty of customs leviable under this Act on any iron ore or manganese ore [or chrome ore]shall be payable to the Central Government by the person by whom the iron ore or, manganese ore, or chrome ore, as the case may be, is exported
Kudremukh Iron Ore Co Ltd vs Cce on 23 April, 1999 On adjudication, the rate of duty was kept at 7625% adv The Assistant Collector accepted the plea of the appellants herein that exemption Notification 19/88-CE dated 131988 exempted the goods falling under Chapter 26 (under which the instant goods iron ore pellets fall) from the whole of the duty of excise leviable thereon
What are the items on which export duty is levied? - Quora Jun 13, 2017· Here's a BINGO Just in case, if you also want to know about exemptions I've not mentioned about cess for now, but if needed will add to this :) * THE SECOND SCHEDULE - EXPORT TARIFF Notes: 1 In this Schedule, "Chapter", "heading", and "tariff i.
GENERAL EXEMPTION NO 61A [Notifn No 01/2010-CE, dt , than iron ore 15 72 or 73 Iron and steel products 75 Iron ore 16 74 All goods 15 Any goods , In cases where all the goods produced by a manufacturer are eligible for exemption under this , excess credit is utilised for payment of excise duty on clearances of excisable goods, the said goods shall be .
Indian Import Duty 26011210 :Customs Duty on Indian Customs ADD Notification Number 13/2016-Cus (ADD) Seeks to levy definitive anti-dumping duty on Normal Butanol or N-Butyl Alcohol, originating in, or exported from the European Union, Malaysia, Singapore, South Africa and USA, for a period of five years
APPENDIX - IV CESS ON IRON ORE Act, 1976 (55 of 1976) with effect from 1st August, 1990, the rate of one rupee per metric tonne as the rate at which the duty of excise and duty of customs on all iron ore produced in any mine for the purpose of the said Act, shall be levied and collected as cess Footnote: The notification fixing the rate of cess on iron ore produced in any mine as 50 paise per
2016 (10) TMI 651 Head Note / Extract: Reversal of CENVAT credit on exempted as well as dutiable goods under rule 6 - Demand of CENVAT credit with interest and penalty u/R 6(3)(b) read with Rule 14 of Cenvat Credit Rules, 2004 - manufacture of sponge iron falling under heading 7203 of the Schedule to the Central Excise Tariff Act, 1985 - another product Iron Ore Fines produced on manufacture of iron ore is .
ieport-Customs Tariff Notifications-2009 Seeks to provide exemption to packaged software or canned software, from so much of the additional duty leviable thereon under sub-section (1) of section 3 of the said Customs Tariff Act, as is equivalent to the duty payable on the portion of the value which represents the consideration paid or payable for transfer of the right to use such goods
Vikram Ispat vs Commissioner Of Customs on 19 August, 2004 ORDER SS Sekhon, Member (T) 1 Appellants are an assessee under the Central Excise Act, 1944 and discharge duty on Iron & Steel made from DR Grade Iron Ore Pellets imported from time to timeCustoms Authorities recovered Cess on such imports @ Re 1/- per M Ton under the Iron Ore Mines, Manganese Mines Labour Welfare Cess Act, 1976 (hereinafter referred to as (Cess Act)
Export duty on iron ore pellets scrapped - Times of India Jan 06, 2016· NEW DELHI: Government has reduced the export duty on iron ore pellets to zero from 5%, a move that will make the commodity more competitive amid subdued demand and weakening pric The government .
IRON ORE MINES AND MANGANESE ORE MINES LABOUR WELFARE , With effect from such date as the Central Government may, by notification in the Official Gazette, appoint, there shall be levied and collected as a cess for the purposes of the Iron Ore Mines and Manganese Ore Mines Labour Welfare Fund Act, 1976— (i) on all iron ore produced in any mine,- (a)a duty of customs, where such iron ore is exported; or
Notification on excise tax tariff rate changes under , Jan 28, 2019· 3) The effective basic excise duty rate on Handmade Paper rolled biris and Machine made Paper rolled biris [ both falling under tariff item 2403 19 29] is being increased from Rs 21 per thousand to Rs 28 per thousand and from Rs 21 per thousand to Rs 78 per thousand respectively
GENERAL EXEMPTION NO 61A [Notifn No 01/2010-CE, dt , duty of excise or additional duty of excise, as the case may be, leviable thereon under any of the said Acts as , than iron ore 15 72 or 73 Iron and steel products 75 Iron ore 16 74 All goods 15 Any goods 17 76 All goods 36 Any goods 18 85 Electric motors and generators, 31 Any goods , GENERAL EXEMPTION NO 61A
GENERAL EXEMPTION NO 20 1165 GENERAL EXEMPTION NO 20 1165 GENERAL EXEMPTION NO 20 Exemption to all the goods (except as per Annexure I) manufactured by units located in Kutch district of Gujarat equal to duty of excise and additional duty of excise paid in cash [Notfn No 39/01-CE, dt 3172001 as ammended by Notfn Nos 42/01, 45/02, 60/02, 05/03, 16/03, 65/03,9/04, 55/
excise on iron ore News and Updates from The Economic , excise on iron ore News and Updates from The Economictim excise on iron ore News and Updates from The Economictim SECTIONS ET APPS ET Android App ET iPhone App ET iPad App ET Wealth Android App ET Blackberry App ET Markets Android App ET Markets iPhone App ET Money Android App
Withdrawing customs duty may lead to hike in medicine , New Delhi, Feb 7 : The government’s move to withdraw customs duty exemption on imports of around 74 drugs would help in local production of bulk drugs and thereby create demand for the local .
TIOL - Tax News, GST, Income Tax, Service Tax, Customs , As the iron ore imported by the applicant is to be exported after processing, there is no loss of iron ore produced in India Thus, there should not be any reason to deny refund of unutilised ITC There are more than 50 entries in Export Tariff and all items covered therein attracts tariff rate other than Nil
Govt removes export duty on iron ore pellets | Business News Iron ore pellet makers as well as some miners had urged the government to reduce the export duty on iron ore as it would help in making the commodity more competitive Steel and its related raw material market is undergoing a tough time on account of subdued demand and high production, which is adversely impacting the pric
Iron and steel industry in India - Wikipedia The iron and steel industries are among the most important industries in India During 2014 through 2016, India was the second largest producer of raw steel and the largest producer of sponge iron in the world The industry produced 8268 million tons of total finished steel and 97 million tons of raw ironMost iron and steel in India is produced from iron ore
Chapter II Central Excise Duty on Iron and Steel Products , Central Excise Duty on Iron and Steel Products and articles thereof 21 Introduction India is the fourth largest steel producer in the world and Iron and steel was among the top three revenue yielding commodities during the year 2012-13 Central Excise Tariff Act, 1985 classifies Iron & Steel under Chapter 72 of the Schedule to the Act, ib
GENERAL EXEMPTION NO 9 Exemption to specified goods , GENERAL EXEMPTION NO 9 Exemption to specified goods manufactured and cleared by Units located in North Eastern States equal to duty of excise and additional duty of excise paid in cash Notfn 33/99-CE, dt 871999 as amended by Notfn , than iron ore 9 74 All goods 15 Any goods 10 76 All goods 36 Any goods
26011130 - Iron ore fines (62% fe or more) Central Excise , Oct 17, 2019· 26011130 - Iron ore fines (62% fe or more) Search updated Central Excise Duty and Tariff of Years 2009, 2008, 2007 and 2006 Details of Modvat and cenvat
Government removes export duty on iron ore pellets , Jan 05, 2016· New Delhi, Jan 5: Government has reduced the export duty on iron ore pellets to zero from 5 per cent, a move that will make the commodity more competitive amid subdued demand and weakening prices .
SPONGE IRON INDUSTRY : CURRENT SCENARIO sponge iron went down upto Rs 8200/- per ton Such tumbling of prices hits at the economic viability of the sponge iron sector Sponge iron industry has made several representations to the competent authorities for changes in policy which will help the sponge iron industry to procure iron ore at a regulated / reasonable price
FIMI seeks 30% duty on iron ore imports - The Hindu , Sep 26, 2018· The Federation of Indian Mineral Industries (FIMI) has urged the government to impose 30 per cent import duty on iron ore and iron ore pellets to protect the domestic miners It ,
iron oreroyalty and excise duty Excise duty on iron ore CAclubindia 2011823&ensp&ensp25 August 2011 Iunderstand that it will be charged as per the tariff rate but as per 4/2006 iron ore is exmpted from excise duty so please tell me wheather there is any excise duty Get + cement plants manufacturers in italy – Grinding Mill China
Ukraine - Other taxes impacting corporate entities Excise tax Excise tax applies to certain goods imported to or produced in Ukraine Excisable goods include ethyl alcohol, alcoholic beverages, beer, tobacco and tobacco products, cars, car bodies, motorbikes, electricity, liquefied gas, petrol, diesel fuel, other fuel material, and electric power
Govt imposes 5% export duty on iron ore pellets | Business , Read more about Govt imposes 5% export duty on iron ore pellets on Business Standard Good news for steel industry but miners to take a hitIn a move that may be construed as an attempt to appease the domestic steel industry ahead of the general elections, the finance ministry on Monday imposed a five per cent export duty on iron ore
The import duty rate for importing Iron ore fine into , The import duty rate for importing Iron ore fine into China is 3% plus an excise fee of 0%, the import VAT is 17%, when classified under Industrial Materials & Supplies → Minerals & Mineral Products → Mineral substances | other with HS commodity code 2530909999 Additional ,
News Flash - Customs Duty 241114 - Udyog Software Customs: CBEC clarifies on manner of assessment of export duty on iron ore The CBEC has taken note of the fact that the final price payable for exported iron ore is determined by tests at the load port and the port of discharge to determine the Fe content, which can vary with varying moisture levels