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export duty on beneficiated ilmenite

Export duty leviable on ilmenite, upgraded

Dated 10th April 2018 | Copy of | Customs Notification | Whereas the Central Government on being satisfied that the import duty leviable on goods falling under heading 0404 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), should be increased and that circumstances exist which render it necessary to take immediate action.

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Export Duty Harming Mining Industry, Says VV Mineral

The 10% export duty on heavy minerals seems to be having a grave impact on the mining sector. The industry officials have raised the concern and requested the Centre to withdraw the export duty. "The government of India in the budget has imposed a 10 per cent export duty on sale of ilmenite and five per cent duty on upgraded ilmenite.

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Policy intervention will give fillip to nascent heavy ...

Thirdly, the government must provide export Incentives to this sector as it has imposed 10% duty on processed Ilmenite and 5% on unprocessed Ilmenite which makes it India uncompetitive with global counterparts. Fourthly, restrictive Import policy, Antidumping duty on Tio2, Rutile and Zircon should be done away with.

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Concept of Duty Drawback CAclubindia

Introduction. Duty Drawback has been one of the popular and principal methods of encouraging export. It is a relief by way of refund/ recoupment of custom and excise duties paid on inputs or raw materials and service tax paid on the input services used in the manufacture of export goods.

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Time for chrome tax Miningmx

the beneficiated product called ferrochrome. Then China decided it would restrict coking coal exports with a punitive export tax. Local ferrochrome producers were forced to source coking coal from other suppliers, which pushed up prices and increased the cost of local ferrochrome production.

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VV Mineral, Vaikundarajan Tops The Ilmenite Export Of ...

1. VV Mineral, Vaikundarajan Tops TheIlmenite Export Of IndiaVV Mineral, a heavy mineral mining company basedin Tamil Nadu is the top exporter of ilmenite. Theyare also the first private mining company to exportilmenite. 2. VV Mineral, Mining mines this placer mineral fromthe Gulf of Mannar.

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PwC Indonesia Energy, Utilities Mining NewsFlash

For Type 1 minerals copper, iron ore, manganese, lead, zinc, ilmenite and titanium the minimum amount of processing prior to export has been set at such a level as to allow export of these minerals as concentrates without the need for further refining for the next three years.

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Presents a booklet on Duty Drawback under GST

Booklet on Duty Drawbacks by CA Mithun Khatry (Founder ) Page 1 Export benefits: Duty Drawbacks under GST updated Overview In case of export of goods, various export incentives are provided to the exporters under various schemes drafted and managed by the government.

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Industrial Minerals

Ilmenite latest news Kenmare boosts mineral sand production, revenues 13 March 2019 Kenmare has reported higher mineral sand production and revenues in 2018, although ilmenite output fell, while higher zircon prices boosted profits.

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Annex I CUSTOMS Ieport

changes will come into force upon enactment of the Finance Bill. In the meanwhile, export duty may not be collected on the aforecited product. Prior to 1st March 2011, this product was exempt from export duty under notification No. 77/2008Customs, dated 13th June 2008. Chapter 73

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Ukraine: Group DF GOKs increase ilmenite concentrate ...

Ilmenite ore mining grew by 91%, to million cubic meters. Thanks to the output growth the companies were able to increase average salary by 25%, to 12 thousand UAH. ... Ukraine: scrap export duty increased; Russia: CherMK steelsmelting manufacture turns 10; Ukraine: Ukrzaliznytsia to earn 2 billion UAH on scrap sales ...

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export duty on beneficiated ilmenite

Classification of export goods Ilmenite by such,, (Beneficiated ilmenite) and chargeable to export duty at the rate of five percent, (Beneficiated ilmenite) and chargeable to export duty at the rate of five .

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Zimbabwe Government suspends platinum export tax tralac ...

I, therefore, propose to defer export tax on unbeneficiated platinum to January 1 2017," said Minister Chinamasa. He said the country is currently one of the major producers of diamonds in the world yet most of the diamonds are exported in raw form, thus depriving the country of employment opportunities as well as potential revenue to the fiscus.

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