Industry body AIPMA asks govt to hike import duty on finished plastic goods ...Middle East

Business Standard - Economy
Industry body AIPMA asks govt to hike import duty on finished plastic goods
All India Plastics Manufacturers Association (AIPMA) on Monday urged the government to double import duty on finished plastic products to 20 per cent and provide incentives to domestic manufacturers to make India self-reliant. The association has conducted a detailed study on the import of plastic goods in the country. "A large quantity of finished plastic goods is being imported. We need to curb that. We urge the government to increase import duty of plastic finished goods (HS Code 3916 to 3926) from 10 per cent to 20 per cent," AIPMA President Mayur D Shah told reporters here. The country imported plastic goods worth Rs 37,500 crore in 2021, mainly from China, he said. Shah said there are

Hence then, the article about industry body aipma asks govt to hike import duty on finished plastic goods was published today ( ) and is available on Business Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Industry body AIPMA asks govt to hike import duty on finished plastic goods )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy


Latest News