Increase / decrease in Export duty on iron ores and concentrates, products of Iron and steel – Government's magic wand goes up and down?

By Vijay Kumar

Of late the Government has been tinkering with the export duties very often that it has become an act of jugglery. Government's magic wand goes up and down and so does the rates of duties of various products of iron and steel, iron ores and concentrates.

Notification No. 77, 78, 79 and 80 of Customs all dated 13th June, 2008