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, 24 February 13
COAL SWAPS INCH UP WEEK - ON - WEEK
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained  0.17 percent and CFR South China coal shipme ...


Sunday, 24 February 13
BDI FELL 1.72 PERCENT BUT FREIGHT MARKET FAIRLY STEADY - VISTAAR
COALspot.com - This freight market has been fairly steady this week but, BDI fell1.72 pct and closed at 740 points. The cape index also joins BDI ...


Saturday, 23 February 13
IHS MCCLOSKEY 20TH ANNUAL COAL CONFERENCE OF THE AMERICAS
IHS McCloskey 20th Annual Coal Conference of the Americas to be held on 13-14 March 2013 in Cartagena, Colombia IHS is pleased to invite you to t ...


Thursday, 21 February 13
HANDY : THE PACIFIC MARKET GOT FIRMED UP AS CHINESE CAME BACK FROM HOLIDAYS - FEARNLEYS
Handy The Atlantic saw more cargoes than last week but rates remained unchanged as lot of ships in the market. The USG-Feast was at USD 18k and Bla ...


Thursday, 21 February 13
SPRING COAL PROCUREMENT 2013 IS ABOUT TO TAKE PLACE
In 2012, “Steady Growth” had set the keynote for China’s economic development. Guided by the principle of progressing steadily, do ...


   873 874 875 876 877   
Showing 4371 to 4375 news of total 6871
News by Category
Popular News
 
Total Members : 28,704
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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