Question

If the tax on iron goes up which other things will affect give some examples

Answer 1

soft iron furniture and the grills on Windows and cars and all

Answer 2

If the tax on iron goes up then the following things will be affected -

• Construction material cost will be affected because iron is used one of the basic raw materials for the construction materials,eg. TMT bars.

• The manufacturing cost of the vehicles will also increase because a lot of automobile parts are made out of metals like the iron.

• And every other industrial production cost will be increased where iron is used as the primary raw material.

And many more.