Budget 2021: Aluminium industry seeks raise in basic custom duty
Budget 2021: Aluminium industry seeks raise in basic custom duty The industry has also sought reduction in basic custom duty and correction of inverted duty structure on critical raw materials for aluminium industry value chain like aluminium fluoride and coal tar pitch PTI | January 20, 2021 | Updated 08:44 IST The industry is not able to compete effectively in the global markets as the burden of central and state taxes and levies amounting to 15 per cent of aluminium production cost puts the domestic industry in a significant disadvantage compared to its global peers The aluminium industry...
Source: businesstoday.in