India urged to reduce import tariffs on timber industry (7/24/2010)
India: timber sector has on the state budget next year and changes in import duties on the financial sector to the national submissions. Top rate from 10% to 7.5% will help reduce production costs, thus making exports more competitive. Lower tax rates would help the government meet its import tariffs will be adjusted to a level of commitment to ASEAN. In the past 10 years, the Indian government have been gradually reduced import tariffs, currently India's timber industry's eyes are focused on 26 February announced the budget announcement.(by China Leiyuan, 7/24/2010)
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