Customs amendment on low density polyethylene imposes differentiated duty treatment for sheathing and other goods. The amendment replaces S. No. 01 of the Table to Notification No. 47/89-Customs to cover low density polyethylene and copolymers within heading 39.01 having specific gravity less than 0.94, with two entries: (a) LDPE based sheathing or insulation compound - 50% ad valorem; and (b) all other goods - Rs. 2000 per tonne.
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Customs amendment on low density polyethylene imposes differentiated duty treatment for sheathing and other goods.
The amendment replaces S. No. 01 of the Table to Notification No. 47/89-Customs to cover low density polyethylene and copolymers within heading 39.01 having specific gravity less than 0.94, with two entries: (a) LDPE based sheathing or insulation compound - 50% ad valorem; and (b) all other goods - Rs. 2000 per tonne.
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