IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 22 Dec 2010 | Removal date: 21 Dec 2013
Still in force

Import tariff

This notification has reduced the effective tax rate on natural rubber imports to 20% or Rs.20 per kg (whichever is lower), as opposed to the earlier 25%. The effective tax rate is the duty payable after exemptions. Natural rubber products under HS Codes 400121, 400122 and 400129 have received the above reduction in duty liability vide amendment to the General Duty Exemptions (GDE) contained in Notification No. 21/2002 - Customs (notification dated 1 March 2002).

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

019 Forage; natural rubber; living plants; raw vegetable materials
4001 Natural rubber, balata, guttapercha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip.
400121 Smoked sheets
400122 Technically specified natural rubber (TSNR)
400129 Other

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