Export Duty Raised to 15% from Nil on Iron Ore Pellets, Pig Iron, and Flat Rolled Iron and Steel Products w.e.f. 22 May 2022

[Notification No. 29/2022-Customs dated 21 May 2022]

 

 

 

To

From

20A

2601 11 21, 2601 11 22, 2601 11 41, 2601 11 42

All goods

[Omitted by 29/21.05.2022]

Iron Ores and Concentrates

50%

Nil

23.

2601 12 10

Iron ore pellets

45%

Nil

48.

7201

Pig iron and spiegeleisen in pigs, blocks or other primary forms

15%

Nil

54.

7208

Flat rolled products of iron or non-alloy steel, hot rolled, not clad, plated or coated

15%

Nil

55.

7209

Flat rolled products of iron or non-alloy steel, cold rolled (cold-reduced), not clad, plated or coated

15%

Nil

56.

7210

7210 30, 7212 30

Flat rolled products of iron or non-alloy steel, of a width of 600 mm or more, clad, plated or coated with zinc

15%

Nil

56A

7212

Flat rolled products of iron or non-alloy steel, clad, plated or coated

Nil

Nil

57.

7213

Bars and rods, hot-rolled, in irregularly wound coils, of iron or non-alloy steel

15%

Nil

58.

7214

Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling

15%

Nil

 

G.S.R. (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;

2. This notification shall come into effect on the 22nd day of May, 2022.

 [F. No. 354/12/2022-TRU]