Effect Of Budget On Mineral Sector
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- The duty on mineral products is now 15 per cent is reduced to 5 per cent, with a few exceptions.
- Reduction in duty on ores and concentrates from 5 per cent to 2 per cent.
- Refractories attract a duty of 10 per cent. A number of materials required for manufacture of refractories are also at 10 per cent or higher rates. Duty reduced to 7.5 per cent.
- The duty on mineral products is now 15 per cent is reduced to 5 per cent, with a few exceptions.
- Reduction in duty on ores and concentrates from 5 per cent to 2 per cent.
- Refractories attract a duty of 10 per cent. A number of materials required for manufacture of refractories are also at 10 per cent or higher rates. Duty reduced to 7.5 per cent.
