Govt considers making registration compulsory for paper importers
PTI, Feb 21, 2020, 10:46 AM IST
New Delhi: The government is considering making it mandatory for paper importers to register themselves before importing the commodity, a move aimed at keeping a tab on imports of the product, an official said.
The consideration is on the lines of the steel sector, where the government has made it mandatory for traders to register themselves with the Steel Import Monitoring System to import 215 iron and steel products.
“We are working similar arrangement for paper industry also. Importer will have to give specific information about the product before importing,” an official said.
Under the system, which is under consideration, a paper importer could have to submit advance information in an online system for imports of these items and obtain an automatic registration number by paying a specified amount of fee.
The Directorate General of Foreign Trade, under the Commerce Ministry, is looking at the matter.
India imports different types of papers, including coated paper, paper boards, hand made papers and waste paper.
The paper industry has time and again expressed concerns about cheap imports and a surge in inbound shipments.
“This has a significant negative impact on coated paper manufacturing industry,” the official said.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Epigamia founder Rohan Mirchandani dies of cardiac arrest at age 42
Lohia Auto launches EV brand ‘Youdha’, aims to sell 3 lakh vehicles by 2027
“FM ji FM ji, itna tax main kaise bharun”, asks investor Vijay Kedia in viral post
RBI: After another status quo year, all eyes on a growth-propping rate cut with new Guv at helm
Front-running case: Sebi bans 9 entities from market , impounds illegal gains of over Rs 21 crore
MUST WATCH
Latest Additions
Kalaburagi: Woman sustains burns after live electric wire falls on her
Nelamangala accident: Police expedite probe, CCTV images being scrutinised
Rohan Estate Mukka – Resort-style luxury layout launched
Minister Parameshwara directs police to ensure tight security in Bengaluru on New Year’s eve
Teachings of Lord Christ celebrate love, harmony: PM Modi at Christmas celebrations
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.