Page 30 - Plastics News February 2020

FeAtures

Revised Duty Rates of Chapter 39

The new duty drawback rates, effective from 4th February, 2020, have been announced by the Government on
28th January, 2020. While the rates remain the same for a large number of tariff lines, the drawback rates have been
increased for 795 tariff lines and there has been decrease in rates in respect of 1038 tariff lines. Duty drawback on
items in Chapter 39 has been decreased from 1.5% to 1.3% w.e.f 4th Feb 2020.

Tariff Description of goods Unit Drawback Drawback New New
cap per Drawback Drawback
Item Rate w.e.f.
unit in Rs. Rates w.e.f cap per
19.12.2018 w.e.f. 04.02.2020 unit in Rs.
(Rs.) w.e.f
19.12.2018
04.02.2020
1 2 2 4 5 6 7
CHAPTER-
PLASTICS AND ARTICLES THEREOF

3901 Polymers of ethylene, in primary forms 1.50% 1.30%
3902 Polymers of propylene or of other olefins, in primary 1.50% 1.30%
forms
3903 Polymers of styrene, in primary forms 1.50% 1.30%
3904 Polymers of vinyl chloride or of other 1.50% 1.30%
halogenated olefins, in primary forms
3905 Polymers of vinyl acetate or of other vinyl esters, 1.50% 1.30%
in primary forms; other vinyl polymers in primary
forms
3906 Acrylic polymers in primary forms 1.50% 1.30%
3907 Polyacetals, other polyethers and epoxide resins, 1.50% 1.30%
in primary forms; polycarbonates, alkyd resins,
polyallylesters and other polyesters, in primary
forms
3908 Polyamides in primary forms 1.50% 1.30%
3909 Amino-resins, phenolic r e s i n s a n d 1.50% 1.30%
polyurethanes, in primary forms
3910 Silicones in primary forms 1.50% 1.30%
3911 Petroleum resins, coumarone-indene resins, 1.50% 1.30%
polyterpenes, polysulphides, polysulphones and
other products specified in Note 3 to this Chapter,
not elsewhere specified or included, in primary
forms
3912 Cellulose and its chemical derivatives, not 1.50% 1.30%
elsewhere specified or included, in primary forms
3913 Natural polymers (for example, alginic acid) and 1.50% 1.50% 1.30%
modified natural polymers (for example, hardened
proteins, chemical derivatives of natural rubber),
not elsewhere specified or included, in primary
forms

Plastics News Februar y 2020 30