Export duties on Iron ores, pellets and specified iron products.
Export duties have been levied or increased on Iron ores, pellets and specified iron and steel products.
NOTIFICATION No. 28/2022-Customs
G.S.R. 380(E).—Whereas, the Central Government is satisfied that export duty should be levied or increased on certain articles and that circumstances exist which render it necessary to take immediate action.
Now, therefore, in exercise of the powers conferred by sub-section (1) of section 8 of the Customs Tariff Act, the Central Government, hereby directs that the Second Schedule to the Customs Tariff Act shall be amended in the following manner, namely:-
In the Second Schedule to the Customs Tariff Act, –
(1) against Sl. No. 21, for the entry in column (4), the entry “50%” shall be substituted;
(2) against Sl. No. 22, for the entry in column (4), the entry “50%” shall be substituted;
(3) against Sl. No. 43, for the entry in column (3), the entry “Flat rolled products of iron or non-alloy steel, clad, plated or coated” shall be substituted;
(4) after Sl. No. 48 and the entries relating thereto, the following Sl. Nos. and entries relating thereto shall be inserted, namely:-
| (1) | (2) | (3) | (4) |
| “48A | 7219 | Flat-rolled products of stainless steel, of a width of 600 mm or more | 15% |
| “48B | 7222 | Other bars and rods of stainless steel; angles, shapes and sections of stainless steel | 15% |
| “48C | 7227 | Bars and rods, hot-rolled, in irregularly wound coils, of other alloy steel | 15% |
2. This notification shall come into force on the 22nd day of May, 2022.
NOTIFICATION No. 29/2022-Customs
G.S.R. 381(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 27/2011- Customs dated the 1st March, 2011, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 153(E), dated the 1st March, 2011, namely :-
In the said notification, in the Table,
(i) S. No. 20A and the entries relating thereto shall be omitted;
(ii) against S. No. 23, in column (4), for the entry, the entry “45%” shall be substituted;
(iii) against S. No. 48, in column (4), for the entry, the entry “15%” shall be substituted;
(iv) against S. No. 54, in column (4), for the entry, the entry “15%” shall be substituted;
(v) against S. No. 55, in column (4), for the entry, the entry “15%” shall be substituted;
(vi) for S. No. 56 and the entries relating thereto, the following S. Nos. and entries shall be substituted, namely: –
| (1) | (2) | (3) | (4) |
| “56. | 7210 | Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, clad, plated or coated | 15% |
| 56A. | 7212 | Flat rolled products of iron or non-alloy steel, clad, plated or coated | NIL”. |
(vii) against S. No. 57, in column (4), for the entry, the entry “15%” shall be substituted;
(viii) against S. No. 58, in column (4), for the entry, the entry “15%” shall be substituted;
- This notification shall come into effect on the 22nd day of May, 2022.
Note : The principal notification No. 27/2011-Customs, dated the 1st March, 2011 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 153(E), dated the 1st March, 2011 and last amended vide notification No. 10/2022-Customs, dated the 1st February, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 84(E), dated the 1st February, 2022.
