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Export policy change allows KIOCL to export iron ore pellets directly or via authorised entities under a free export classification. The amendment replaces the Sl. No. 104 entry in Chapter 26 of Schedule 2 of ITC(HS) to designate iron ore pellets as manufactured by KIOCL Limited and changes their export policy status to Free, permitting export by KIOCL Limited or any entity authorised by it, effective immediately under the Foreign Trade Act and Foreign Trade Policy.
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Export policy change allows KIOCL to export iron ore pellets directly or via authorised entities under a free export classification.
The amendment replaces the Sl. No. 104 entry in Chapter 26 of Schedule 2 of ITC(HS) to designate iron ore pellets as manufactured by KIOCL Limited and changes their export policy status to Free, permitting export by KIOCL Limited or any entity authorised by it, effective immediately under the Foreign Trade Act and Foreign Trade Policy.
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