Circular on Exemption to iron ore fines from Customs duty when exported out of India

Notification No. 146/2009-Customs

New Delhi, the 24^th December, 2009

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 ore fines 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  5% ad valorem.

[F. No. 354/259/2009-TRU]

(Prashant Kumar)

Under Secretary to the Government of India