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Deduction of import tariffs good for industry, Alok Shah

01 Mar '07
1 min read

Alok Shah, Executive Director, Garden Silk Mills was quite upbeat on the Budget 2007-2008.

The budget was not harmful. As it reduces the duties on raw materials.

TUFS extension was also a positive development.

Deduction of import tariffs is good for the industry.

Development from the budget is positive but it is not path-breaking.

Fibre2fashion News Desk - India

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