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Regular Duty Imposed in Steel by Pakistan Govt,
Date: 2015-01-12


DATED: 10/02/2015

ISLAMABAD: The Economic Coordination Committee of the cabinet has
imposed regulatory duty on mobile phones and steel products and
approved a policy for short-term independent power producers.

The ECC imposed 15pc regulatory duty on steel products - billets, bars
and wire rods, and 5pc on cold-rolled coils and galvanised platted
sheets to protect local manufacturers.

An official statement issued after the meeting said the levy of
regulatory duty aims at giving a boost to the local industry and curb
dumping. Local manufacturers have been demanding tariff protection and
imposition of regulatory duty.

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