The government in the last budget
had imposed 10 per cent basic custom duty on newsprint
and lightweight coated paper.
"However, since then I have received several references that this levy has put additional burden on print media at a time when it is going through a difficult phase. I, therefore, propose to reduce basic customs duty on imports of newsprint
and light-weight coated paper from 10 per cent to 5 per cent," she said while presenting the Union Budget