The aluminium industry has urged the government to correct the inverted duty structure on critical raw materials in the upcoming budget to make domestic aluminium prices competitive and prevent dumping of the metal in the country. In its representation to the finance ministry, the association also wanted a hike in import duty on sub standard aluminium scrap to 10% from …
The aluminium industry has urged the government to increase the basic custom duty on primary aluminium and aluminium scrap to 10 per cent, eliminate the cess on coal among others as the sector is going through a challenging phase and is under immense threat by rising imports. In a representation to the government ahead of the Union Budget for 2021-22, …
