Tata Iron Steel Co Ltd TISCO a major steel producer in India manufactured steel products both for domestic use and export To support exporters using domestically produced steel the Government ... of India introduced the IPRS aiming to reimburse the difference between the higher domestic prices and the lower international prices TISCO availed benefits under this scheme for several years However in the Engineering Export Promotion Council EEPC alleged that TISCO had been overpaid under the IPRS and sought to recover approximately crore leading to legal proceedings

Read more