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Power ministry to move fresh Cabinet note for 21% duty on equipment import
The power ministry is likely to move a fresh Cabinet note next month for the imposition of 21 per cent duty on the import of power equipment. Last month, the government had deferred a proposal to impose 19 per cent duty on such import. The proposal is meant to create a level field for domestic manufacturers. The previous note included five per cent basic customs duty, 10 per cent counter veiling duty
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