EEPC seeks removal of inverted duty structure in imported

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Engineering export body EEPC India Tuesday said anomaly of inverted duty structure in copper needs to be rectified to help the Indian export industry becoming globally competitive.
"The duty on copper concentrate is presently 2.5 per cent while the finished goods are coming at zero duty. There is a situation of inverted duty structure. Government should consider removal of this duty to help the industry become globally competitive," EEPC India chairman
"We would also like to suggest that the government develop internationally compatible
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First Published: Apr 23 2019 | 6:10 PM IST