FM cuts customs duty on petcoke, gypsum to 2.5%

The General Budget 2011-12 seeks to encourage domestic value addition vis-a-vis imports, to remove duty inversions and anomalies and to provide a level playing field for the domestic industry

February 28, 2011 / 14:27 IST

The General Budget 2011-12 seeks to encourage domestic value addition vis-a-vis imports, to remove duty inversions and anomalies and to provide a level playing field for the domestic industry.

To this end, the Union Finance Minister, Pranab Mukherjee announced the following major proposals in the Budget presented in the Lok Sabha today:

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