Notification No.79/2008-Customs dated 13.6.2008
Export duty on iron ore hiked to 15 per cent ad valorem irrespective of iron content

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 exempts iron ores and concentrates, all sorts, falling under Heading No. 11 of the Second Schedule to the Customs Tariff Act, 1975 (51 of 1975), when exported out of India, from so much of the duty of customs leviable thereon which is specified in the said Second Schedule as is in excess of the amount calculated at the rate of 15% ad valorem.

[F. No. 334/5/2008-TRU]

(Unmesh Wagh)
Under Secretary to the Government of India - India's Premier portal on Customs matters