Ministry of Finance - Papermart

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Paper Industry Urges Government to Allow Pulpwood Plantation in Degraded Land

With the objective to enable the paper industry on a path to be self-reliant and resolve the raw material availability issues, IPMA insists the government for allowing pulpwood plantation in degraded land and available land near mills. November 29, 2021 The Indian paper industry, which has been going through inadequate......

Paper Industry Asks for an Increase in Import Duty to 25%

With the aim to curb unfair practices and as substantial quantities of paper and paperboard are imported into the country at nil import duties, IPMA contends for the need for amendment in the import policy in the domestic paper industry. December 24, 2020 In the pre-budget consultations with the Ministry......

Ministry of Finance Rejects Demand for Rollback of Customs Duty on Newsprint

There was no import duty on newsprint so far. August 20, 2019 Rejecting demands for the rollback of import duty on the paper used for printing newspapers, Finance Minister Nirmala Sitharaman stated that the 10% customs duty on imported newsprint was imposed to promote domestic manufacturers and the importers will......