Import duty on used rails / hms 1&2

HADI VAKEEL (MANAGING PARTNER) (24 Points)

15 January 2012  

Dear Sir,

We are supplying the Used Rails and HMS 1&2 steel Scrap. The buyer is trying to negotaite the rates as he claims that if we add the Indian Import duty to the CIF cost then it is not worth buying.

Therefore, please some one inform of the lates Import duty applicable on Used Rails and possibly the HMS 1&2 grade steel scrap.

Thank you in advance.

HADI VAKEEL