COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 28 February 13
INDIA HAS INCREASED CUSTOMS DUTY AND COUNTERVAILING DUTY FOR POWER PLANT COAL


COALspot.com : The government of India raised basic customs duty and countervailing duty on steam coal. In the meantime government has reduced  custom and countervailing duty on Bituminous coal.

Finance Minister of India in his budget speech today, announced a hike in the basic customs duty on steam coal from present Zero to two percent and CVD from one per cent to two per cent. Steam coal also known as thermal coal or power plant coal is mainly used in power generation.

Recently Indian customs officers defined coal with Volatile Matter over 14 percent and calorific value over 5833 kcal/kg on moisture, mineral matter free (DMMF) basis as "Bituminous Coal".

"Prior to today’s announcement, steam coal is exempt from customs duty but subject to one percent  concessional CVD. In the meantime, Bituminous coal attracts a duty of 5 per cent and CVD of 6 per cent. The government has equalized the duties on both type of coal and levy two per cent customs duty and two per cent CVD.

According to Media reports, India has imported around 30 million tons of bituminous coal last year against around 50 million tons of steam coal.

"Coal from Indonesian origin has special tax treatment In India. Hence importers of Indonesian coal will not affect significantly by above increase," a coal importer from India said.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 14 March 13
DRY BULK MARKET KEEPS ON RISING MOMENTUM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has maintained its rising momentum, on the back of increased cargo availability. According to yesterday's figures, the industry ...


Thursday, 14 March 13
SHIPPERS AND CARRIERS NEED GREATER COMMUNICATION AND MUTUAL UNDERSTANDING
Press Release – Shippers and shipping lines both need to raise their game if global container supply chains are not to be habitually subject t ...


Wednesday, 13 March 13
NEWBUILDING PRICES EXHIBIT NO FALL IN PAST SIX MONTHS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Despite the fact that oversupply has been the key plague of the shipping markets in recent years and newbuilding ordering activity has receded subst ...


Tuesday, 12 March 13
COAL MINING PRIVATIZATION IN INDIA: MUST - SUNIL K KUMBHAT
COALspot.com - India has the one of the richest coal reserves in the world and the country should have shown significant progress and gained the pos ...


Tuesday, 12 March 13
NEWCASTLE PORT SHIPPED 2.47 MILLION TONS OF COAL W/E 11 MARCH 2013
COALspot.com - Newcastle port in Australia has loaded 2,471,080 MT of thermal and coking coal for week ended  0700 hours 11 March 2013, Newcast ...


   869 870 871 872 873   
Showing 4351 to 4355 news of total 6871
News by Category
Popular News
 
Total Members : 28,694
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • UOB Asia (HK) Ltd
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • PetroVietnam Power Coal Import and Supply Company
  • Thai Mozambique Logistica
  • MS Steel International - UAE
  • Jindal Steel & Power Ltd - India
  • Indian Energy Exchange, India
  • Ind-Barath Power Infra Limited - India
  • The University of Queensland
  • Binh Thuan Hamico - Vietnam
  • Sindya Power Generating Company Private Ltd
  • Electricity Authority, New Zealand
  • Pinang Coal Indonesia
  • Aboitiz Power Corporation - Philippines
  • Marubeni Corporation - India
  • Asian Development Bank
  • Runge Indonesia
  • Commonwealth Bank - Australia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • GB Group - China
  • Therma Luzon, Inc, Philippines
  • IBC Asia (S) Pte Ltd
  • Bahari Cakrawala Sebuku - Indonesia
  • Thriveni
  • CoalTek, United States
  • Bank of America
  • Arutmin Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Sical Logistics Limited - India
  • Standard Chartered Bank - UAE
  • Thermax Limited - India
  • Permata Bank - Indonesia
  • Parliament of New Zealand
  • Coalindo Energy - Indonesia
  • PLN - Indonesia
  • McConnell Dowell - Australia
  • Minerals Council of Australia
  • Enel Italy
  • Indonesia Power. PT
  • Humpuss - Indonesia
  • PTC India Limited - India
  • Gujarat Sidhee Cement - India
  • Cargill India Pvt Ltd
  • Rashtriya Ispat Nigam Limited - India
  • Iligan Light & Power Inc, Philippines
  • Economic Council, Georgia
  • SMC Global Power, Philippines
  • JPMorgan - India
  • Moodys - Singapore
  • Vitol - Bahrain
  • Eastern Energy - Thailand
  • Arch Coal - USA
  • EMO - The Netherlands
  • Madhucon Powers Ltd - India
  • PowerSource Philippines DevCo
  • Mitsui
  • Kumho Petrochemical, South Korea
  • Orica Mining Services - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • HSBC - Hong Kong
  • Barclays Capital - USA
  • ANZ Bank - Australia
  • International Coal Ventures Pvt Ltd - India
  • London Commodity Brokers - England
  • Qatrana Cement - Jordan
  • Heidelberg Cement - Germany
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Xstrata Coal
  • Tanito Harum - Indonesia
  • Maruti Cements - India
  • Pendopo Energi Batubara - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Georgia Ports Authority, United States
  • Peabody Energy - USA
  • Meralco Power Generation, Philippines
  • White Energy Company Limited
  • Clarksons - UK
  • KPMG - USA
  • Thomson Reuters GRC
  • Romanian Commodities Exchange
  • TNPL - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Bhoruka Overseas - Indonesia
  • Inco-Indonesia
  • CESC Limited - India
  • Price Waterhouse Coopers - Russia
  • Riau Bara Harum - Indonesia
  • KEPCO - South Korea
  • Gujarat Mineral Development Corp Ltd - India
  • Goldman Sachs - Singapore
  • Formosa Plastics Group - Taiwan
  • Miang Besar Coal Terminal - Indonesia
  • Semirara Mining Corp, Philippines
  • Ceylon Electricity Board - Sri Lanka
  • Deloitte Consulting - India
  • San Jose City I Power Corp, Philippines
  • Shenhua Group - China
  • Tata Chemicals Ltd - India
  • APGENCO India
  • Rudhra Energy - India
  • Jatenergy - Australia
  • GAC Shipping (India) Pvt Ltd
  • CCIC - Indonesia
  • Interocean Group of Companies - India
  • Salva Resources Pvt Ltd - India
  • Fearnleys - India
  • Glencore India Pvt. Ltd
  • Thailand Anthracite
  • ING Bank NV - Singapore
  • Platou - Singapore
  • Asia Cement - Taiwan
  • Star Paper Mills Limited - India
  • EIA - United States
  • Larsen & Toubro Limited - India
  • Orica Australia Pty. Ltd.
  • Argus Media - Singapore
  • Samtan Co., Ltd - South Korea
  • Coal India Limited
  • Petron Corporation, Philippines
  • Anglo American - United Kingdom
  • BNP Paribas - Singapore
  • Leighton Contractors Pty Ltd - Australia
  • Mercator Lines Limited - India
  • Panama Canal Authority
  • Maharashtra Electricity Regulatory Commission - India
  • Japan Coal Energy Center
  • Global Business Power Corporation, Philippines
  • Agrawal Coal Company - India
  • Mintek Dendrill Indonesia
  • Altura Mining Limited, Indonesia
  • Simpson Spence & Young - Indonesia
  • globalCOAL - UK
  • Merrill Lynch Commodities Europe
  • Cement Manufacturers Association - India
  • Siam City Cement PLC, Thailand
  • Cebu Energy, Philippines
  • Cigading International Bulk Terminal - Indonesia
  • Toyota Tsusho Corporation, Japan
  • TANGEDCO India
  • NALCO India
  • SASOL - South Africa
  • Electricity Generating Authority of Thailand
  • Port Waratah Coal Services - Australia
  • Grasim Industreis Ltd - India
  • Ince & co LLP
  • Sucofindo - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Gresik Semen - Indonesia
  • PetroVietnam
  • Idemitsu - Japan
  • Karbindo Abesyapradhi - Indoneisa
  • Petrosea - Indonesia
  • bp singapore
  • Kohat Cement Company Ltd. - Pakistan
  • Indo Tambangraya Megah - Indonesia
  • Indian Oil Corporation Limited
  • AsiaOL BioFuels Corp., Philippines
  • Latin American Coal - Colombia
  • Samsung - South Korea
  • Ambuja Cements Ltd - India
  • World Bank
  • Central Electricity Authority - India
  • IHS Mccloskey Coal Group - USA
  • Global Coal Blending Company Limited - Australia
  • IOL Indonesia
  • Infraline Energy - India
  • Indika Energy - Indonesia
  • CIMB Investment Bank - Malaysia
  • Straits Asia Resources Limited - Singapore
  • VISA Power Limited - India
  • Bank of China, Malaysia
  • Power Finance Corporation Ltd., India
  • Renaissance Capital - South Africa
  • ASAPP Information Group - India
  • Indian School of Mines
  • Merrill Lynch Bank
  • Karaikal Port Pvt Ltd - India
  • Sakthi Sugars Limited - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • Adaro Indonesia
  • ETA - Dubai
  • Bangladesh Power Developement Board
  • Ministry of Transport, Egypt
  • Coastal Gujarat Power Limited - India
  • Kobe Steel Ltd - Japan
  • JPower - Japan
  • Globalindo Alam Lestari - Indonesia
  • Independent Power Producers Association of India
  • Barasentosa Lestari - Indonesia
  • Berau Coal - Indonesia
  • Xindia Steels Limited - India
  • Bangkok Bank PCL
  • Holcim Trading Pte Ltd - Singapore
  • Britmindo - Indonesia
  • GVK Power & Infra Limited - India
  • Global Green Power PLC Corporation, Philippines
  • Vedanta Resources Plc - India
  • Attock Cement Pakistan Limited
  • Singapore Mercantile Exchange
  • Coal Orbis AG
  • Chamber of Mines of South Africa
  • Thiess Contractors Indonesia
  • Bhushan Steel Limited - India
  • IEA Clean Coal Centre - UK
  • PLN Batubara - Indonesia
  • KOWEPO - South Korea
  • The State Trading Corporation of India Ltd
  • Kartika Selabumi Mining - Indonesia
  • Cemex - Philippines
  • Jaiprakash Power Ventures ltd
  • Ernst & Young Pvt. Ltd.
  • Siam City Cement - Thailand
  • OCBC - Singapore
  • TGV SRAAC LIMITED, India
  • Eastern Coal Council - USA
  • SN Aboitiz Power Inc, Philippines
  • Maheswari Brothers Coal Limited - India
  • Jorong Barutama Greston.PT - Indonesia
  • GNFC Limited - India
  • Mitra SK Pvt Ltd - India
  • Carbofer General Trading SA - India
  • Bukit Baiduri Energy - Indonesia
  • Inspectorate - India
  • GMR Energy Limited - India
  • Sojitz Corporation - Japan
  • BRS Brokers - Singapore
  • Coaltrans Conferences
  • Credit Suisse - India
  • Cosco
  • Ministry of Finance - Indonesia
  • SUEK AG - Indonesia
  • Mjunction Services Limited - India
  • Mitsubishi Corporation
  • Krishnapatnam Port Company Ltd. - India
  • Deutsche Bank - India
  • Geoservices-GeoAssay Lab
  • Indorama - Singapore
  • Uttam Galva Steels Limited - India
  • IMC Shipping - Singapore
  • Sree Jayajothi Cements Limited - India
  • Kaltim Prima Coal - Indonesia
  • India Bulls Power Limited - India
  • Noble Europe Ltd - UK
  • CNBM International Corporation - China
  • Shree Cement - India
  • Planning Commission, India
  • Indogreen Group - Indonesia
  • Bharathi Cement Corporation - India
  • McKinsey & Co - India
  • Bulk Trading Sa - Switzerland
  • Kapuas Tunggal Persada - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • SRK Consulting
  • Coeclerici Indonesia
  • RBS Sempra - UK
  • Total Coal South Africa
  • Directorate Of Revenue Intelligence - India
  • Baramulti Group, Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Makarim & Taira - Indonesia
  • NTPC Limited - India
  • WorleyParsons
  • Essar Steel Hazira Ltd - India
  • GN Power Mariveles Coal Plant, Philippines
  • SMG Consultants - Indonesia
  • Dalmia Cement Bharat India
  • GHCL Limited - India
  • Reliance Power - India
  • Energy Link Ltd, New Zealand
  • Australian Commodity Traders Exchange
  • U S Energy Resources
  • ACC Limited - India
  • Gupta Coal India Ltd
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Gujarat Electricity Regulatory Commission - India
  • Russian Coal LLC
  • Intertek Mineral Services - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • Lafarge - France
  • Africa Commodities Group - South Africa
  • Neyveli Lignite Corporation Ltd, - India
  • Surastha Cement
  • Edison Trading Spa - Italy
  • Rio Tinto Coal - Australia
  • KPCL - India
  • Freeport Indonesia
  • Tamil Nadu electricity Board
  • South Luzon Thermal Energy Corporation
  • Malabar Cements Ltd - India
  • Platts
  • Central Java Power - Indonesia
  • Ministry of Mines - Canada
  • Chettinad Cement Corporation Ltd - India
  • OPG Power Generation Pvt Ltd - India
  • Maersk Broker
  • TRAFIGURA, South Korea
  • Metalloyd Limited - United Kingdom
  • MEC Coal - Indonesia
  • Videocon Industries ltd - India
  • TeaM Sual Corporation - Philippines
  • UBS Singapore
  • Kobexindo Tractors - Indoneisa
  • The India Cements Ltd
  • LBH Netherlands Bv - Netherlands
  • Bhatia International Limited - India
  • Vizag Seaport Private Limited - India
  • Tata Power - India
  • Malco - India
  • Kideco Jaya Agung - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Aditya Birla Group - India
  • Mercuria Energy - Indonesia
  • Wilmar Investment Holdings
  • Coal and Oil Company - UAE
  • Alfred C Toepfer International GmbH - Germany
  • Wood Mackenzie - Singapore
  • Energy Development Corp, Philippines
  • Trasteel International SA, Italy
  • ICICI Bank Limited - India
  • Posco Energy - South Korea
  • DBS Bank - Singapore
  • Antam Resourcindo - Indonesia
  • Savvy Resources Ltd - HongKong
  • Bukit Makmur.PT - Indonesia
  • Vale Mozambique
  • Australian Coal Association
  • PNOC Exploration Corporation - Philippines
  • Kepco SPC Power Corporation, Philippines
  • The Treasury - Australian Government
  • Indonesian Coal Mining Association
  • Banpu Public Company Limited - Thailand
  • Mechel - Russia
  • New Zealand Coal & Carbon
  • Pipit Mutiara Jaya. PT, Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Parry Sugars Refinery, India
  • Borneo Indobara - Indonesia
  • Oldendorff Carriers - Singapore
  • Lanco Infratech Ltd - India
  • Meenaskhi Energy Private Limited - India
  • J M Baxi & Co - India
  • World Coal - UK
  • Adani Power Ltd - India
  • Maybank - Singapore
  • Manunggal Multi Energi - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Cardiff University - UK
  • Core Mineral Indonesia
  • Medco Energi Mining Internasional
  • SGS (Thailand) Limited
  • Truba Alam Manunggal Engineering.Tbk - Indonesia