Increase export duty on specified iron and steel products

The CBIC vide Notification No. 29/2022-Customs dated May 21, 2022 amended Notification No. 27/2011 dated March 1, 2011 to increase export duty on certain iron and steel products, namely: –

S. No.

heading Description of goods Rate of Duty

(Old)

Rate of Duty

(New)

20A 2601 11 21, 2601 11 22,

2601 11 41, 2601 11 42

All goods Nil

23

26011210 Iron ore pellets Nil 45%
48 7201

Pig iron and spiegeleisen in pigs, blocks, or other primary forms

Nil

15%

54

7208

Flat rolled products of iron or non-alloy steel, hot rolled, not clad, plated, or coated

Nil 15%
55 7209

Flat rolled products of iron or non-alloy steel, cold rolled (cold-reduced), not clad, plated, or coated

Nil

15%

56

7210, 7212

Flat rolled products of iron or non-alloy steel, plated or coated with zinc

Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, clad, plated or coated

Nil 15%
56A 7212

Flat rolled products of iron or non-alloy steel, clad, plated or coated

 

Nil

57

7213

Bars and rods, hot-rolled, in irregularly wound coils, of iron or non-alloy steel

Nil 15%
58 7214

Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling

Nil

15%

The Notification can be accessed at: https://taxinformation.cbic.gov.in/view-pdf/1009312/ENG/Notifications

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