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Now, no need for registration of SRUs

Now, no need for registration of SRUs

In order to boost ease of doing business in the ship repair sector, the Ministry of Shipping has eased the procedure and has dropped the requirement of registration of Ship Repair Units (SRUs) with Directorate General (Shipping).

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Chhattisgarh govt gives sops to steel sector

Chhattisgarh govt gives sops to steel sector

Chhattisgarh government reduced the entry tax on iron ore, pig iron and steel scrap purchased from outside the state to 0.5 per cent from 1 percent in the budget for 2013-14. The state government also reduced the value-added tax on TMT steel bars from 5 to 3 per cent, while the entry tax on iron ore

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WB govt seeks national policy on iron ore

WB govt seeks national policy on iron ore

In order to ensure even distribution of raw materials for steel industry across states in the country, the West Bengal government demanded a national policy on iron-ore, on the lines of the coal policy from the centre. Call for such a policy comes while the steel industry, particularly the secondary players, in the state, face prob

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Assocham for reforming duty structure in steel sector

Assocham for reforming duty structure in steel sector

Government received a request from industry body Assocham to remove the inverted duty structure prevailing in the steel sector. Assocham said the present duty structure between finished steel and Iron ore denies an opportunity to steel sector for value addition and it called for exemption iron ore i