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Govt hikes import duty on natural rubber by 5% to 25%

Thursday, April 30, 2015, 16:40
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Govt hikes import duty on natural rubber by 5% to 25% Finance Minister Arun Jaitley announced in Lok Sabha that the basic customs duty on natural rubber has been raised from 20 percent or Rs 30 per kg, whichever is lower, to 25 percent or Rs 30 a kg, which ever is lower.

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