Union Finance Minister P Chidambaram received a request from the Gujarat government to reduce custom duty on import of ships being brought for breaking from 5 per cent to zero.
Gujarat Finance Minister Nitinbhai Patel put this request at the pre-budget meeting convened by Chidambaram recently. Patel strongly demanded that the centre waive custom duty on import of ships and bring it at par with import of melting scrap.
Patel was of the opinion that the current economic scenario needed a strong vision for sustained growth.
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