Govt imposes restrictions on import of low ash metallurgical coke for 6 months

The government imposes six-month import restrictions on low ash metallurgical coke starting January 1, 2025, including quantitative restrictions for specific countries. Imports allowed only with DGFT authorization. QR monitored quarterly, applicab...

iStock
Govt imposes restrictions on import of low ash metallurgical coke for 6 month
The government has imposed import restrictions on low ash metallurgical coke for six months from January 1 to June 30, 2025, according to a notification. The government has also imposed quantitative restrictions (QR) on the imports from certain countries, including Australia, China, Colombia, Indonesia, Japan, Poland, Qatar, Russia, Singapore, Switzerland, and the UK.

Based on the recommendations of the directorate general of trade remedies (DGTR) in April this year, "....import of low ash metallurgical coke have been placed under restriction as per the country-wise QR for a period of six months, effective from January 1, 2025 up to June 30, 2025," the Directorate General of Foreign Trade (DGFT) said in a notification.

It said the imports would be allowed only against an import authorisation issued by the DGFT for the specified country during the six months.


However, the coke with high ash content (above 18 per cent) is outside the scope of this restriction.

The country wise restrictions are 51,276 tonnes for Australia, 78,646 tonnes for China, 2,49,771 tonnes for Colombia, 66,364 tonnes for Indonesia, 2,09,980 tonnes for Japan, 5,06,336 tones for Poland, Qatar (1,620 tonnes), Russia (89,182 tonnes), Singapore 46,478 tonnes), Switzerland (81,774 tonnes) the UK (76 tonnes), and others (45,662 tonnes).

Specified QRs are imposed for the imports during two quarters next year -- January-March and April-June.
ADVERTISEMENT

It added that the country-wise QR will be effective from January 2025 and will cease automatically on June 30, next year.

"If required, the procedure in regard to seeking import authorisation from the DGFT shall be notified separately," it said, adding that the application for the imports can be filed on the DGFT website.

These imports are subject to certain conditions. Imports would be permitted through EDI (electronic data interchange) ports only to facilitate electronic/real-time monitoring of the allocated quota.

The QR will be monitored on a quarterly basis so that total imports do not exceed the specified quantity.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Economy › Foreign Trade › Govt imposes restrictions on import of low ash metallurgical coke for 6 months
Text Size:AAA
Success
This article has been saved

*

+