Seeks to reduce the export duty on export of Iron Ore by MMTC Limited (only NMDC origin) to Japan and South Korea under the Long Term Agreement (LTA), from 30% to 10%, upto and inclusive of 31.03.2018 - 50/2015 - Customs -Tariff
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Export duty reduction for NMDC-origin iron ore exported by MMTC under LTA to Japan and South Korea, subject to certification. The notification grants a temporary concessional export duty rate of ten percent for iron ore of NMDC origin when exported by MMTC Limited to Japan and South Korea under the Long Term Agreement (LTA), subject to presentation, before clearance, of a certificate from the concerned Director of MMTC confirming NMDC origin and LTA export purpose to the Assistant Commissioner or Deputy Commissioner of Customs; the entry ceases to have effect on or after 1 April 2018.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Export duty reduction for NMDC-origin iron ore exported by MMTC under LTA to Japan and South Korea, subject to certification.
The notification grants a temporary concessional export duty rate of ten percent for iron ore of NMDC origin when exported by MMTC Limited to Japan and South Korea under the Long Term Agreement (LTA), subject to presentation, before clearance, of a certificate from the concerned Director of MMTC confirming NMDC origin and LTA export purpose to the Assistant Commissioner or Deputy Commissioner of Customs; the entry ceases to have effect on or after 1 April 2018.
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