Mineral Export Value Calculator
Compute the export value of minerals including royalty-adjusted cost, freight, insurance and applicable export duty to arrive at FOB and CIF price for mineral exports.
Result
| Export Value Component | Per MT (₹) | Total (₹) |
|---|
Disclaimer: This tool provides an indicative estimate for general planning only and is not professional, legal, financial, medical or engineering advice. Reference values are editable defaults that vary by location, vendor, regulation and date. Verify critical figures with a qualified professional. Varada Nexus accepts no liability for decisions made using this tool.
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Contact Varada Nexus for detailed consultationFAQ
What export duty applies on iron ore from India?
The Government of India raised export duty on iron ore to 30% (lump and fines) and 45% on iron ore pellets in May 2022. Always verify the current rate from CBIC Custom Tariff notifications.
Can iron ore be exported freely from India?
Iron ore export requires Customs clearance and Shipping Bill. High export duty discourages large-scale exports to protect domestic steel industry. Some low-grade fines may be less restricted.
What is the role of MMTC in mineral exports?
MMTC (Metals and Minerals Trading Corporation) is a government canalising agency for certain minerals. Some mineral exports must be routed through MMTC or other designated agencies.