Link: Indian paper cos seeks curb on cheaper imports
(New Delhi, India, January 12, 2017) Grappling with high cost of raw materials, the domestic paper industry today urged the government to immediately curb cheaper imports from ASEAN countries by imposing 10-15 per cent safeguard duty.
The industry also demanded that the government should impose 10 per cent special additional customs duty on overseas purchase of paper and paperboard.
At present, imports of paper and paperboard attract 10 per cent customs duty. It has been brought to a zero level to ASEAN countries under the free trade agreement and recently duty-free shipments have been permitted from Korea.
To read complete report Go To: “Local paper industry seeks curb on cheaper imports” (Source: Economic Times, India)