Pre-budget memorandum-III: Boiler industry seeks protection
Jan 20: The domestic boiler industry can get a big boost if the pre-budget demand for an increase in the import duty on pressure vessels to create a level playing field for local manufacturers is met by the finance minister. 8Or as an alternative, the plea is for imposition of countervailing or anti-dumping custom duty. 8There is also a plea to declare Infrastructure status and priority status to capital goods sector to avail loans at concessional rates of 4%. 8It is argued that overseas competitors are supported by their respective Exim banks. Click on Reports for more.