Govt in favour of aluminium import duty hike: Suresh Prabhu
Union Minister Suresh Prabhu has said the Commerce Ministry is in favour of hiking import duty on aluminium with a view to support domestic manufacturers. The aluminium industry is demanding to raise the duty on scrap and primary aluminium to 10%, he added. Currently, the basic customs duty on scrap aluminium and primary aluminium is 2.5% and 7.5% respectively.