Tag: SCRAP
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Budget 15-16: SAD on Metal Scrap eases by 2%
Special Additional Duty (SAD) in Metal scrap of Iron & Steel, Copper, Brass and Aluminum reduced from 4% to 2%. Modi Goverment hears the cry of Scrap importers and reduced the partial duty burden to certain extent. Budget brought about an ease of 2% on SAD for Scrap importers in India. India’s majority of Crude…