China's Natural-Rubber Import Duties Unchanged in 2012

[2011-12-30 13:33:25]


Recently, the Customs Tariff Commission under China State Council issued a notice on its arrangement for 2012's tariff implementation plan, revealing that, despite some adjustment of China's import/export duties from Jan. 1, 2012, the widely concerned duties on importing natural rubbers will remain the same as in 2010.

For example, in 2012:

Natural latexes under HS Code 40011000 are to be subject to the interim duty rate of 10% or CNY 720/ton, whichever is less.

Smoke sheet rubbers under HS Code 40012100 are to be subject to 20% or CNY 1,600/ton, whichever is less.

Technically specified natural rubbers under HS Code 40012200 are to be subject to 20% or CNY 2,000/ton, whichever is less.

So, all of the three will have the same rates as the adjusted in 2010.
Source: ETCN
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