Category: Aluminium
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India: Mines Ministry backs removal of 2.5% BCD on aluminium scrap
Duty rollback to aid downstream manufacturers Proposal supports India’s 1.6-1.8 mnt scrap imports A working group under the Ministry of Mines has reportedly reached a consensus to abolish the 2.5% basic customs duty (BCD) on aluminium scrap imports and is expected to submit its recommendation to the Ministry of Finance this month or next for…