China's NR import duties unchanged

The Customs Tariff Commission under China State Council issued a notice on its arrangement for 2012 tariff implementation plan of duties on importing natural rubbers, which will remain the same as in 2010, which was as given below:

• 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. 

Read lot more in Rubber4U – 15th January 2012 issue