Induction furnace body seeks govt protection against rising GST notices

The country’s induction furnace owners, who generally process heavy steel scrap, have reached out to the Steel Ministry seeking protection against rising Goods and Services Tax ( GST) notices ,and urged the government for a resolution of linked tax issues.  The owners, through their body, All India Induction Furnaces Association (AIIFA), said scrap being sold at local levels often do no…