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 Chid
Tag: waiver
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Customs duty waiver to power projects
On the basis of a provisional certificate issued by the Finance Ministry, duty-free import of power equipment by mega power project developers is set to be allowed qualifying the developers for a waiver.