New Delhi: The Engineering Export
Promotion Council of India on Monday said that latest restrictions on
import of steel products would further add to the input cost of
exporters battling deceleration in shipments.
It urged Commerce Minister Piyush Goyal to issue directions to modify the Directorate General of Foreign Trade notification on the Steel Import Monitoring System (SIMS), which mandates compulsory registration for import of most steel products.
These registrations attract specific fees.
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