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Thursday, 18 July 2019

Court to hear appeals for and against decision to impose 15% import duty on iron billets on 4 Aug

The Supreme Administrative Court will hear on 4 August a total of eight appeals filed by the State Lawsuits Authority and a number of companies to bring back the now-canceled 15% import duty on iron billets, the local press reported. An administrative court earlier this week turned down the Trade Ministry’s appeal to reinstate the 15% duty on iron billets, which it lodged after twenty-one iron factories won a case at the court reversing the ministry’s decision.

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