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PPMAI seeks removal of import duty
July 1, 2013July 1, 2013by In Materials

PPMAI seeks removal of import duty

Process Plant and Machinery Association of India (PPMAI) wants government to abolish import duty on on stainless steel and special steels which are used by the manufacturers of Process Plant machineries. Specifically, the industry demands removal of import duties on import of stainless steel hot rolled sheets, coils and cold rolled products. The association seeks removal of duty because of the steep depreciation of rupee against the dollar and also because of the fact that some of the steel prod