Monday, March 1, 2010

RPT-BUDGET VIEW-Tyre makers seek duty cut on natural rubber

RPT-BUDGET VIEW-Tyre makers seek duty cut on natural rubber
MUMBAI, Feb 17 (Reuters) - India's tyre industry wants a steep cut in the customs duty on natural rubber, however analysts say, though chances are bright this time around for a reduction, it will fall short of industry demands.

Currently, the customs duty on natural rubber is twice that on tyres, making imports more attractive to locally made tyres. (Reuters)

http://in.reuters.com/article/domesticNews/idINSGE61P03520100226

ARIHANT RUBBERS WISHES HAPPY HOLI TO ALL OF ITS ESTEEMED CUSTOMERS

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