TIOL-DDT 435 · Friday, 25 August 2006 · story 7 of 8

NALCO cannot sell to BALCO because of excise problems – Minister tells Parliament

Minister of State for Mines, Dr. T. Subbarami Reddy in a written reply in the Lok Sabha informed,

NALCO has examined a request from Bharat Aluminiumcompany Ltd. (BALCO) for purchase of alumina and informed that mixing of non-duty paid export goods along with goods sold in the domestic market after payment of duty may give rise to complications from Central Excise & Customs point of view and hence, the request of BALCO cannot be accepted