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Mandi Gobindgarh Steel Mills Demand Ban on Steel Trading at ICEX

Steel News - Published on Fri, 29 Nov 2019

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Member parliament from Fatehgarh Sahib Dr Amar Singh met Union finance minister Nirmala Sitharaman in New Delhi to discuss issues faced by the steel industries in Mandi Gobindgarh. He said the units main demands include ban on trading of certain steel products on Indian Commodity Exchange Limited, exemption of micro, small and medium enterprises from 30% tax bracket and removal of goods and services tax on scrap. Dr Singh said that if these demands are fulfilled, the industrial units in Mandi Gobindgarh will get a boost.

He said that during the meeting, the Sitharaman assured him that no stone will be left unturned to solve the problems of industrial units in Mandi Gobindgarh.

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Posted By : Rabi Wangkhem on Fri, 29 Nov 2019
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