SIAM urges Indian Finance Ministry to end 2.5% basic customs duty on aluminum scrap
The industry body cites rising input costs, tighter global supplies and import dependence as domestic scrap collection covers only about 15% of needs
The Society of Indian Automobile Manufacturers (SIAM) has requested India’s Finance Ministry to end a 2.5% basic customs duty on aluminum scrap, citing rising input costs and tighter global supplies.
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