New Delhi, Apr 25 (KNN) The capital goods industry has written a letter to the Steel Ministry urging to immediately issue exemption notice for easy imports of steel used in high end industry application.

The non-issuing of exemption list notification by the ministry of steel has led to consignments getting stuck at various ports in the country leading to heavy losses, the Process Plant and Machinery Association of India (PPMAI) has said in a letter.

In the letter, PPMAI urged the Steel Ministry to issue exemption notice to customs department on new stainless steel grades which are not included in Bureau of India Standard (BIS) standard 6911 under stainless steel products quality control order.

“The BIS standard 6911 does not include about 40 major new grades which are currently being used globally and by the domestic capital goods manufacturing companies for the high end industrial applications. The exemption notification by the steel ministry to customs department for these grades will ensure easy imports and ease of doing business,” V P Ramachandran, General Secretary, PPMAI said in the letter.

“Despite repeated reminders the ministry officials have ignored the list provided by capital goods industry which had grades conforming to International standards, but ministry ignored the list instead exempted so many non-standard grades which have no global standard recognition. This has happened despite secretary, ministry of heavy industry and DIPP writing to ministry requesting exemption,” said Ramachandran.