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CIL meets over 90% of its supply commitment: Govt

The Union Minister of State for Coal Pratik PrakashBapu Patil has recently said in the Rajya Sabha that the Coal India (CIL) has been meeting more than 90 per cent of its supply commitment as against the annual plan target finalised by the Ministry of Coal/Planning Commission. The gap between demand and supply of coal in the country is to be met through coal imports, he added.

Coal importers evade duty via false classification

The Directorate of Revenue Intelligence (DRI) in Gujarat detected around Rs 600 crore of import duty evasion by coal importers by falsely classifying coal in 2012-13. These coal importers have allegedly evaded duty by reporting bituminous coal imports as steam coal. Earlier, the government waived customs duty on steam coal and imposed only a concessional countervailing duty (CVD

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