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 our domestic industry. The proposal is under examination and we support the proposal,” Prabhu told PTI.
“That is a proposal to protect our domestic industry. The proposal is under examination and we support the proposal,” Prabhu told PTI.
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.
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 increase import duty on aluminium.The industry has demanded increase in import duties on aluminium scrap and primary aluminium amid a high growth in inward shipments of these items.
They are demanding to raise the duty on primary and scrap aluminium to 10 per cent.
