Attention
of the Authorized Dealers is invited to FE Circular No.
05 dated May 9, 2006 in terms of which freight subsidy
of Rs. 60/- per 50 Kg bag on imported cement from all
countries was allowed.
Ministry
of Industries, Production and Special Initiatives vide
Notification No. 2(1)/2003-P&I-II dated 20th December,
2006 has withdrawn the freight subsidy of Rs. 60/- per
50 KG bag on imported cement with immediate effect as
per decision of the ECC of the Cabinet in case No. ECC-195/12/2006
dated 6.12.2006. However, this facility will remain applicable
on the LCs already opened. Copy of Ministry’s Notification
is enclosed.
Authorized
Dealers are advised to bring the above to the notice of
their constituents.
Annex