Ministry of Commerce and Supplies wrote to its Indian counterpart asking it not to charge five per cent countervailing duty on copper imports from Nepal.
The ministry wrote to its Indian counterpart based on the complaint from exporters that India has increased countervailing duty to five per cent from one per cent, said secretary Lal Mani Joshi. "The ministry has sent the letter through Ministry of Foreign Affairs."
Similarly, the ministry has also asked the Nepali Embassy in Delhi to discuss the issue with Indian government, he said, adding that the export of copper could reduce, if India denies scaling back countervailing duty in the previous one per cent.
Copper was recorded as the ninth exportable item to India during the last fiscal year, according to the data of Trade and Export Promotion Centre (TEPC) that had recorded the export of copper worth Rs 1.67 billion for the fiscal year 2010-11.
Copper wire is the eighth largest export to India in the first seven months of the current fiscal year too, according to the central bank data.
Nepal has exported Rs 699.9 million worth copper wire rod by the end of seven months till mid-February in the current fiscal year 2011-12, according to the central bank data that has revealed that the exports has increased by 384.4 per cent from a fiscal year ago's Rs 144.5 million. Similarly, in the first seven months of the fiscal year 2009-10, Nepal had exported Rs 544.7 million worth copper wire rod to India.
Zink sheet tops the list of major commodities exported to India with Rs 2.85 billion followed by textiles including PP fabric worth Rs 2.63 billion, jute goods worth Rs 2.36 billion, thread worth Rs 1.68 billion, cardamom worth Rs 1.54 billion, GI Pipe worth Rs 1.01 billion, shoes and sandles worth Rs 849.7 million and copper wire rod worth Rs 699.9 million, according to the central bank data.
3 comments:
Deciding to buy online can result in a huge cost savings while providing you the best options
for your hair care needs today. Habits die hard and whatever your regime has been in the past, you do need to
have a good look around at what is on offer for different hair types and
textures. When one thinks of fungus, they don't generally associate it with the head or scalp, but the itching, burning scalp, rash or pimples on the scalp could very well be caused by a fungus, requiring antifungal shampoo to provide well needed relief to the symptoms.
My blog post; hair products
If you experience some emotional or physical problems in your
life it can soon be seen in the condition of your hair, using natural and organic
products aids in the recovery of your hair. Habits die
hard and whatever your regime has been in the past, you do need to have a good look around at
what is on offer for different hair types and textures.
Generally, these products are more expensive
than their watered-down counterparts, but you can find a few affordable pure silicone hair products (see below).
It currently has less than a 2% refund rate which means for every 100 people only 2 people request a refund.
This is where a program like Yeast Infection No More
can help. Yeast Infection No More Book By Linda Allen is a 150 page downloadable e-book,
jam-packed with the whole set of blueprint all-natural yeast infection treatment solutions, distinctive highly effective methods as well as the step
by step holistic yeast infection process. If you have a personal injury legal matter, a dog bite or if
you’ve lost a loved one in a wrongful death accident,
call the Law Offices of R. o - Strike a equilibrium between
viewing 2-4 patients per hour.
My web blog; legislative branch checks and balances
Post a Comment