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Policy● Neutral for Indian equities
India weighs scrap import rule changes as recyclers push for port checks
The brief
- DGFT said pre-shipment inspection and destination port screening serve different purposes and are not interchangeable
- Rule changes could affect Indian metal recyclers and scrap importers
- India's sunflower oil imports seen up 30% on duty cut, industry official says
- Indian recyclers seek to scrap pre-shipment inspection rules for scrap imports
- Import duty cut on sunflower oil has a significant Russian backdrop
- CBIC eases paperwork to claim concessional duty on imports from UK
- India cuts edible-oil import duties ahead of festivals