With international oil prices slumping to 12-year low, the government may look at reimposing 5 percent customs duty on crude oil imports to shore up revenue by close to Rs 18,000 crore. The government had cut customs duty on crude oil imports to zero from 5 percent in June 2011 when rates zoomed to over USD 100 per barrel. But with oil prices hovering at USD 30 a barrel now, the duty may be back, official sources said.
For more news on free stock tips,free equity tips please visit us at www.marketmagnify.com/freetrial.php or call at 07316619100.
A very informative post from trading point of view this is. I learned a lot here.For better returns always consider market experts views at the time of trading. Get experts sample calls by joining epic research .
ReplyDelete• MCX inks MoU with Gujarat for business continuity facility.
ReplyDelete• Mercator approves opening QIP Jan. 11, floor price of Rs42.80
CapitalStars
ReplyDeleteThanks for your content…Please visit my site!
College Homework Help