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Custom duty scrapped on newsprint similar move is envisaged on wastepaper

Manik Seth
The bottom-line of all newsprint manufacturers in the country is already affected following a substantial fall in the price of newsprint in the international market during the last couple of months. The situation may worsen with the further 3% cut in the custom duty on the imported newsprint announced by the Union Government. Recently the finance ministry has exempted newsprint,
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