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

Sunday, 27 January 13
CFR SOUTH CHINA COAL SWAPS: WEAK
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery has gained 0.31 percent and CFR South China coal shipment&nbs ...


Sunday, 27 January 13
FREIGHT MARKET: FLAT TO SOFT - VISTAAR
COALspot.com - The freight market was soft and all the indices were down except for handy size. The BDI was down 4.66 pct closing at 798 points.. ...


Friday, 25 January 13
BOTSWANA GOVERNMENT GRANTS COAL LICENSES TO A-CAP RESOURCES LIMITED
A-Cap Resources Limited has announced that it has been granted coal rights within its Bolau tenements which sit next to the Sese Coal and Power Proj ...


Friday, 25 January 13
SMALL ROOM FOR OPTIMISM FOR THE PROSPECTS OF THE DRY BULK MARKET AS NET FLEET GROWTH IS SLOWING DOWN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the fact that the dry bulk market didn't manage to post a rebound during the past year, quite the opposite, as a fast fleet growth and slow ...


Thursday, 24 January 13
INDO - INDIA NOW AT APS $ 8K + BB USD 90000 - FEARNLEYS AS
Handy The Atlantic market remains stable as supply of tonnage is still in excess of demand. USG- Far east fixed at $18k and CONT-FEAST at $ 11k. Pa ...


   880 881 882 883 884   
Showing 4406 to 4410 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 ...

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