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SIMA seeks hike in customs duty on sponge iron
February 21, 2013February 21, 2013by In Materials

SIMA seeks hike in customs duty on sponge iron

Sponge Iron Manufacturers Association (SIMA), in a pre-Budget memorandum, urged the government to raise customs duty on sponge iron to 10 per cent from the current level of 5 per cent in the union budget 2013-14. The association wants the government to raise duty in order to reduce the rising import of sponge iron. The indu