ISSDA seeks nil duty on import of ferronickel and stainless steel scrap

Indian Stainless Steel Development Association (ISSDA) has sought nil duty on import of key raw materials, including ferronickel and stainless steel scrap as part of its Budget 2020 recommendations to the union finance minister.Asian Metal CopyrightIndian Stainless Steel Development Association ISSDA has sought nil duty on import of key raw materials, including ferronickel and stainless steel scrap as part of its Budget 2020 recommendations to the union finance minister.Asian Metal Copyright Ferronickel and stainless steel scrap, key raw materials for the industry are not available in the country and must necessarily be imported.

ISSDA also urged the government for simultaneous imposition of 12.5% custom duty on stainless steel flat product imports in order to bring it at par with carbon steel.

.Asian Metal Copyright ISSDA also urged the government for simultaneous imposition of 12Asian Metal Copyright