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Avatar Posted by paperperson 357 days ago (http://www.business-standard.com)
Category: Export/Import/Cess/Duties/Taxes
(India)--March 22, 2009--The Rs 6,000-crore corrugated (fibreboard) box industry has demanded a 10 per cent waiver of import duty on kraft paper to bring domestic prices down.

“The import duty cut will increase competition between domestically produced and imported kraft papers. This would begin a race for price cuts,” Pradip Bosmaya, president, Western India Corrugated Box Manufacturers’ Association (WICMA). Kraft paper comprises about 75 per cent of the raw material requirement for corrugated box making.

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