Budget 2020: ISSDA Proposes to Boost Domestic Stainless Steel Manufacturing

Budget 2020: ISSDA Proposes to Boost Domestic Stainless Steel Manufacturing

Key factors include abolishing basic custom duties on import of key raw materials, and increasing Basic Customs Duty on finished stainless steel products. In order to augment domestic manufacturing, the domestic stainless steel industry body, Indian Stainless Steel Development Association (ISSDA), has recommended some curative measures to the government ahead…