Author: Manish Vasdev
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India: VAT on Iron, steel items reduced in Punjab
To provide some relief to secondary steel makers, Punjab government today announced to slash VAT rate from 4.95 per cent current to 2.5 per cent on iron and steel items. Punjab Deputy Chief Minister Sukhbir Singh Badal gave nod in this regard after holding a meeting with the delegation of furnace, iron and steel rolling…