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 af...
Further, the same Notification No.128/2010 - Customs also creates a tariff rate quota for these natural rubber products, whereby an aggregate quantity of 40,000 MT of total imports in 2010-11 was to e...