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Chemicals: Remove customs duty on LNG, Naphtha

Indian chemical industry has an output of around USD 80 billion and ranks 12th in the world. The chemical industry which includes basic chemicals and its products, petrochemicals fertilizers,......

Transportation costs of petrochemicals may go up

Budget provisionThe following changes in the duties have been proposed in the Union budget 2009-10:Excise duty on naphtha to be reduced to 14%.Excise duty on PTA and DMT to be increased from 4% to......

Chlor alkali: Select few will benefit

Some chlor alkali producers using naphtha as feedstock for captive power plant will benefit from cut in the excise duty on naphtha from 16% to 14%.Budget provisionsThe following changes in the......

Chemical sector seeks a slew of sops

Hike import duty on finished products; Rationalize excise Duty on Molasses to 8% ad valorem or Rs. 375/PMT and on Naphtha to 8%, cut corporate tax to 25%, service tax to 5%.Current statusChemical......

Extend tax holiday to refineries, govt told

Extend tax holiday for refineries in private sectors, reduce excise duty on Naphtha from 16%, exempt excise duty for captive consumption of intermediate products within the refinery for manufacture......
  Web results for Naphtha
Fuel demand up 1% in July to 15.8 mt

FC Bureau City: New Delhi The country’s fuel demand grew by over 1 per cent in July as consumption of diesel and petrol rose, government data... ...

http://www.mydigitalfc.com/my-world/fuel-demand-1-july-158-mt
Haldia Petrochem seeks more land for upstream refiner

Haldia Petrochemicals Limited (HPL) is seeking "more land" from the West Bengal government for setting up an upstream refinery plant in order to... ...

http://www.prokerala.com/news/articles/a755961.html
Sorman on GST

India has introduced a 'good economic reform', the Goods and Services Tax, in a complicated manner which will lead to distortions and cheating,... ...

http://www.mydigitalfc.com/news/india-launched-good-reform-complex-manner-sorman-gst-899
Sensex Closes Weak; Consumer Durables & Oil & Gas Stocks Fall

Posted by Equitymaster Indian share markets continued to witness profit booking in the afternoon session amid weak global cues. At the closing... ...

http://www.equitymaster.com/tm/tm.asp?date=6/28/2017&title=Sensex-Closes-Weak-Consumer-Durables--Oil--Gas-Stocks-Fall
War room at FinMin to address likely GST tangles

With only three days left for the rollout of GST, finance minister Arun Jaitley has cautioned that businesses could face some or other difficulties... ...

http://www.mydigitalfc.com/news/war-room-finmin-address-likely-gst-tangles-686

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