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The commerce ministry is in favour of hiking import duty on aluminium with a view to support domestic manufacturers, Union Minister Suresh Prabhu has said."That is a proposal to protect…

Currently, the basic customs duty on aluminium scrap and primary aluminium is 2.5 percent and 7.5 per cent, respectively.Besides this, domestic players have also urged to impose minimum import price…

The commerce and industry minister said that there has been a complaint by aluminium industry about dumping of the commodity.He was replying to a question about the government's plan to…