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Avatar Posted by newshound 392 days ago (http://www.financialexpress.com)
Category: Export/Import/Cess/Duties/Taxes
(India)--Jan 9, 2009--"We need some kind of safeguard duties immediately to protect it from cheap imports from abroad," Pradeep Dhobale, the outgoing president, Indian Paper Manufacturers Association (IPMA) told FE.

IPMA has asked the government to enhance the peak rate of basic custom duty from the current level of 10% to 15% on paper-paperboards, as an effective measure to prevent unbridled import and also re-introduce the component of special additional duty.

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