Steel quality rules deferred by a month
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NEW DELHI: The Centre on Friday deferred by a month the implementation of quality control order (QCO) for certain steel products The QCO, issued last month, mandated that input material for imported steel products, whether finished or semi-finished, adhere to Indian standards framed by the country's quality watchdog, the Bureau of Indian Standards (BIS).The QCO was effective for imports having a bill of lading date of June 16."The mandatory adherence requirement of input steel for imports of steel products with bill of lading having shipped on board date on or before July 15 shall be exempted," the steel ministry said in a clarification. The move brings relief to micro, small and medium enterprises ( MSMEs ) that had been given little time to comply.
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