Synopsis The All India Induction Furnaces Association, which represents 35% of the country's steel production capacity, has petitioned the finance ministry on the rampant action by intelligence bodies and the need for correcting the tax framework. AFP After increased scrutiny by GST authorities, steel companies that use scrap metal as input have suggested removal of tax on sale of the raw material between dealers and imposition of the levy on its sale to manufacturers under reverse charge mechanism. The All India Induction Furnaces Association, which represents 35% of the country's steel production capacity, has petitioned the finance ministry on the rampant action by intelligence bodies and the need for correcting the tax framework.