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Rubber Board Moots Its NOC For Compound Rubber Import
7 Views01 Mar 2023 20:26
Close on the heels of the Indian Government raising the import duty of Compound Rubber (CR) from 10% to 25%, on par with the import duty on Natural Rubber (NR), the Indian Rubber Board has written to the Indian Commerce Ministry requesting the latter to make the Board's No-Objection Certificate (NOC) mandatory for the import of compound rubber.
What is covered in the Full Insight:
- Introduction
- Rubber Board's Proposal
- Impact on Imports
- Market Prices and Inventory
- Sector Challenges
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