March 2017 Current Affairs
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February 2017 Current Affairs
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January 2017 Current Affairs
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December 2016 Current Affairs
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November 2016 Current Affairs
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Union Government extended safeguard duty on steel imports

Union Government extended safeguard duty on steel imports
01 April 2016 Current Affairs: Union Finance Ministry on 30 March 2016 extended the safeguard duty on steel imports until March 2018. The duty was imposed to protect domestic manufacturers from cheap Chinese imports.The central board of excise and customs in its notification said that the duty will apply to hot-rolled flat products of non-alloy and other alloy steel in coils of 600 mm width. The safeguard duty will not be imposed on goods that are imported at minimum import price.The safeguard duty will be 20 percent minus any existing dumping duty till September 2016, following which it will be reduced to 18 percent till March 2017, then brought down to 15 percent till September 2017 and eventually to 10 percent by March 2018.Earlier in September 2015, the Government imposed a provisional safeguard import duty on some steel products. In February 2016, it also set a minimum floor price for steel imports for six months to make sure that domestic producers are not hurt by cheaper imports from China.In financial year 2014-15, steel imports grew 71 percent of with China accounting for almost 36 percent of the total imports. In the April-November 2015 period, imports rose 34 percent.


March 2017 Current affairs
24 MAR
NEWS
23 MAR
NEWS
22 MAR
NEWS
21 MAR
NEWS
20 MAR
NEWS
18 MAR
NEWS

February 2017 Current affairs
28 FEB
NEWS
27 FEB
NEWS
25 FEB
NEWS
24 FEB
NEWS
23 FEB
NEWS
22 FEB
NEWS




January 2017 Current affairs
31 JAN
NEWS
30 JAN
NEWS
28 JAN
NEWS
27 JAN
NEWS
25 JAN
NEWS
24 JAN
NEWS

December 2016 Current affairs
31 DEC
NEWS
30 DEC
NEWS
29 DEC
NEWS
28 DEC
NEWS
27 DEC
NEWS
26 DEC
NEWS

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
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26 NOV
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25 NOV
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24 NOV
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