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    <title>Exempts iron ore fines from Customs duty when exported out of India</title>
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    <description>Exemption from customs duty for exported iron ore fines is provided under powers of the Customs Act, 1962, by limiting the duty leviable on iron ore fines in the Second Schedule to the Customs Tariff Act, 1975, so that duty in excess of an amount calculated at the rate of 5% ad valorem is exempted, thereby capping the effective export duty on the specified commodity.</description>
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      <description>Exemption from customs duty for exported iron ore fines is provided under powers of the Customs Act, 1962, by limiting the duty leviable on iron ore fines in the Second Schedule to the Customs Tariff Act, 1975, so that duty in excess of an amount calculated at the rate of 5% ad valorem is exempted, thereby capping the effective export duty on the specified commodity.</description>
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