More checks on ore export likely
More checks on ore export likely
Concerned that iron ore prices continue to rise and augment inflationary pressures on the economy despite the imposition of 15 per cent ad-valorem duty on its exports, the Committee of Secretaries (CoS) is likely to discuss tomorrow wide-ranging options on further disincentivising ore exports either by capping its overseas sale or enhancing the duty level to a considerable level to render exports unviable.
Publication Date:
16/07/2008