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Import and Price of Aluminium |
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| 7-8-2015 | |||||||||||||||||
Production of Aluminium, Export and Imports of Aluminium and Aluminium Products are given below:- (value in lakh tonnes)
The import of aluminium scrap and decreasing price of aluminium in international market have an adverse impact on aluminium industry. The representation received from Aluminium Association of India has requested for increasing basic custom duty on aluminium products from 5% to 10% and to increase basic custom duty on aluminium scrap to bring it at par with the duty on primary metal. The same has been sent to Department of Revenue for necessary action. Earlier requests were examined by Department of Revenue as part of the Budget 2015-16 and had not been acceded to. This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Lok Sabha today. |
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