Author: BigMint Technologies Pvt Ltd
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Indian Government reduces Import Duty on HRC from Korea to 1.25%
Something not good for Indian Steel Industry especially Flat steel manufacturers, as Indian government has further reduced customs duty on some category of Hot Rolled products from Korea under FTA. According to notification released by Ministry of Finance dated 29 Dec’14, “In exercise of the powers conferred by sub-section (1) of section 25 of the…