Chief of exporters body hails export duty cut on Goa Iron Ore
Sai Nikesh | The Dollar Business The Government of India is mulling to cut the export duties on low-grade iron ore produced by Goa and this move is expected to boost the shipments to China, the largest iron ore importer for India. According to sources, the Union Minister of Mines and Steel Narendra Singh Tomar on Thursday said, “India is considering implementing a separate duty structure for exports of iron ore from Goa, the country’s top exporting State, and will look at raising import duties to stop dumping of steel.” The Minister was quoted to have said that the Mines Ministry has asked the Finance Ministry to consider a separate export duty structure only for Goa owing to the ...
