Budget Effect On Indian Plastic Sector

By: EconomyWatch   Date: 30 June 2010

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  • >Duty on major bulk plastics like PVC, LDPE and PP from 10 per cent to 5 per cent. Simultaneously, the duty on naptha for plastics will be reduced to nil. >Duty on styrene, EDC and VCM which are raw materials for plastics reduced to 2 per cent.

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