Govt reduces customs duty on certain steel items to provide relief to MSMEs

Govt reduces customs duty on certain steel items to provide relief to MSMEs
PTI
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Synopsis

Finance Minister Nirmala Sitharaman in her Budget speech for 2021-22 said the anti-dumping duty (ADD) and countervailing duty (CVD) have also been revoked on certain steel products.

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The minister also announced increasing duty on steel screws and plastic builder wares from 10 per cent to 15 per cent.

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