Traders Allowed to
Export Kudremukh Iron Ore Pellets
[DGFT Notification No. 92 dated 26th September
2014]
Subject: Amendment in export policy of iron ore pellets manufactured by
KIOCL.
In exercise of the powers conferred by Section 5 of the Foreign Trade
(Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 1.3 of
the Foreign Trade Policy, 2009-2014, the Central Government, with immediate
effect, hereby makes the following amendments in Sl. No. 104 of Chapter 26 of
Schedule 2 of ITC(HS) Classification of Export and Import Items.
2. Existing entry
|
S.No. |
Tariff Item HS Code |
Unit |
Item Description |
Export Policy |
Nature of Restriction |
|
104 |
26011210 |
Kg |
Iron ore pellets
manufactured by Kudremukh Iron Ore Company Limited |
STE |
Kudremukh Iron Ore Company
Limited, Bangalore |
Amended entry:
|
S.No. |
Tariff Item HS Code |
Unit |
Item Description |
Export Policy |
Nature of Restriction |
|
104 |
26011210 |
Kg |
Iron ore pellets
manufactured by KIOCL Limited |
Free |
Export by KIOCL Limited,
Bangalore or any entity authorized by KIOCL Limited, Bangalore |
3. Effect of this
notification
KIOCL Limited (formerly known as Kudremukh Iron Ore Company Limited) has been
permitted to export its own manufactured iron ore pellets either by itself or
through any entity authorized by them for the purpose.