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DGTR recommends increasing import duty on iron alloy from South Korea for 2 years

Under the pact, India has given customs duties concession on this product.The applicants had claimed that the import of the product has increased in absolute terms and in relation to the production and consumption in India.There was a sudden, sharp and significant increase in imports between 2018-19 and 2021-22.The finance ministry will take the final call to increase the duty.The duty helps in providing a level-playing field to the domestic industry in terms of pricing of the chemical in the domestic market. ....

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Commerce minister consults industry amidst FTA negotiations with UK, EU and Canada

Commerce minister consults industry amidst FTA negotiations with UK, EU and Canada ....

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