Indian Newspaper Society urges government to scrap 5% Customs duty on newsprint.

The Indian Newspaper Society (INS) is urging the government to scrap the 5% Customs duty on newsprint, citing factors including geopolitical uncertainties, logistics, rupee depreciation, and Customs duty as creating a significant burden for publishers. The escalation of conflicts in West Asia and the Russia-Ukraine war has significantly impacted the global supply chain, causing newsprint shortages. If the duty is removed, it would provide much-needed relief to the print media industry, allowing publishers to manage their operational costs effectively.

March 04, 2024
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