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Industry for clearance of scrap
Ludhiana, October 20
Demanding clearance for scrap at all ICDs, industry representatives today said that Punjab would suffer due to the recent restrictions.
All consignments of loose scrap after October 25, 2 004, without any prescribed pre-shipment certificate would be subject to a 100 per cent examination .Penal action would be
taken, if foreign trade regulations were violated," said Mr P.D.Sharma, president, Apex
Chamber of Commerce and Industry.
Prices of ply products may go up
Ludhiana, October 20
Plywood manufacturers have decided to increase the prices of water-proof products by 15 per cent and of commercial products by 10 per cent. The decision has been taken in wake of the increase in prices of basic raw material like wood, chemicals, diesel, and input costs.
PNB branches told to accept tax deposits
Ludhiana, October 20
The Punjab National Bank (PNB) authorities here have directed its local branches to accept service tax deposits of traders and industrialists.
The orders came after some complaints were received that branch employees were not accepting the deposits due to which, the businessmen had to go to the bank’s zonal office.
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