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Home Stories Graphite Electrode Indian Govt. Introduces 20% Tariff Rate on Graphite Electrode Exports

Indian Govt. Introduces 20% Tariff Rate on Graphite Electrode Exports

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Indian Govt. Introduces 20% Tariff Rate on Graphite Electrode Exports

The Union Budget for FY19 has brought in some cheer to the Graphite Electrode consumers in India— the Electric Arc Furnace steel makers– as the Government has introduced a Tariff rate of 20% on Graphite Electrode exports. However, export duty on Graphite Electrodes remains Nil, but, if the Govt. at any point deems it necessary to put a check on the exports of Graphite Electrode, then accordingly it will impose a tariff on exports, which can be to a maximum of 20%.

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