Paswan calls for rollback of customs duty on naphtha

Chidambaram, P.
March 2008
Chemical Business;Mar2008, Vol. 22 Issue 3, p27
Trade Publication
The article reports on the call made by Indian Chemicals, Fertilisers and Steel Minister Ram Vilas Paswan to reduce the customs duty on naphtha during the Confederation of Indian Industry conference. He said that he would discuss the 5% duty on naphtha with the prime minister. He also questioned the inadequate allocation of subsidy in the 2008-2009 budget. He added that the petrochemical industry faces growth and investment opportunities with the high consumption of polymers in the country.


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