https://www.taxtmi.com/news?id=411 Major steel producers implemented immediate domestic price reductions on flat products and on rebars and structurals, applicable to steel consumed in India and held for three months. They requested government consideration of policy measures including no export duty on steel, priority allocation and renewal of iron ore and coal mines and assured gas supply, establishment of clearance-resolution mechanisms, an ad valorem export duty on iron ore for conservation, excise duty reduction on steel passed to consumers, PSU input price reductions and prioritisation of domestic supply, suspension of auctions causing speculative prices, and maintenance of current rail freight classifications. The Prime Minister agreed to examine the proposals. en-us Thu, 08 May 2008 10:50:00 +0530 Mon, 23 Jun 2008 13:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=411 Major steel producers implemented immediate domestic price reductions on flat products and on rebars and structurals, applicable to steel consumed in India and held for three months. They requested government consideration of policy measures including no export duty on steel, priority allocation and renewal of iron ore and coal mines and assured gas supply, establishment of clearance-resolution mechanisms, an ad valorem export duty on iron ore for conservation, excise duty reduction on steel passed to consumers, PSU input price reductions and prioritisation of domestic supply, suspension of auctions causing speculative prices, and maintenance of current rail freight classifications. The Prime Minister agreed to examine the proposals. News - Thu, 08 May 2008 10:50:00 +0530 https://www.taxtmi.com/news?id=411