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TMI BlogQuality Standard on Import of SteelX X X X Extracts X X X X X X X X Extracts X X X X ..... Quality Standard on Import of Steel - News and Press Release Dated:- 20-12-2012 - News - Press Information Bureau Government of India Ministry of Steel 20-December-2012 16:45 IST The Minister of Steel, Shri Beni Prasad Verma has said that Government has notified 16 steel products, which have direct bearing on consumer health and safety and critical to infrastructure, under the St ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eel and Steel Products (Quality Control) Order, 2012. The Order equally applies to import and domestic production. In a written reply in the Rajya Sabha today Shri Verma said, implementation of the Order does not prohibit import of steel in the country and it is also not intended to close small scale units. The Order merely mandates that steel products produced in the country or imported must co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nform to the Standards. The units have been given enough time to gear up to obtain BIS license/registration to be able to operate without interruption. Many of them have already obtained BIS license/registration. Further, Government has deferred implementation of the Order on some of the products to facilitate registration of remaining units with BIS. The Order does not favour the large scale pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oducers as compared to small scale units, since it is uniformly applicable to both large and small scale producers. Moreover, steel is a deregulated sector and price is determined by prevailing market forces, the Minister added. *** NSK/DB - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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