Government maps duty impact on downstream aluminium sector – Feedback

Government has decided to study the impact on the downstream aluminium sector before it goes ahead with any sort of duty protection for primary aluminium makers.

“We have asked Mecon to study the downstream sector for aluminium as they might get affected with the rise in duty. They (Mecon) have suggested imposition of Minimum Import Price on imported aluminium,” Union Mines Secretary Balvinder Kumar told PTI on the sidelines of a CII-organised IMME and Mining Conclave. Mecon is supposed to submit the impact report on secondary and downstream aluminium industry in a month’s time and then the Centre will take a final call, he said. The Centre is considering duty protection measures for the domestic aluminium sector which is facing dumping of products from countries like China.

http://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/government-maps-duty-impact-on-downstream-aluminium-sector/articleshow/55458666.cms

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