Iron Ore Pellets Export Duty of 5% Removed to Revive Exports

[Customs Notification No. 01 dated 4^th January 2016]

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, 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, vide number G.S.R. 153(E), dated the 1st March, 2011, namely :-

In the said notification, in the Table, against serial number 23, in column (4), for the entry “5%”, the entry “Nil” shall be substituted.

[F.No. 332/4/2015-TRU]