Customs Tariff updates February 2023
China Customs Tariff updates
China customs authority published the annual import & export tariff on Dec 31 2022, which goes effective on Jan 1 2023. Updates included provisional import tariffs, which are lower than the MFN rate, will be applied to 1,020 items. Zero tariff will be applied to some raw materials for anti-cancer drugs, anti-novel coronavirus drugs and anti-cancer pain drugs. In addition, import and export tariffs on some goods will be raised from January 1, 2023. Among them, the temporary tariff rate on imports of chestnuts, licorice and their products, large tires and sugarcane harvesters will be abolished and the MFN rate will be restored. Increase export tariffs on aluminum and aluminum alloys. With the change to the HTS, China customs also announce to invalidate some classification rulings for several commodities, such as Vegetable pepper seed, Hot rolled alloy spring steel rod, Wrapping robot system equipment, Laser distance tester, Electronic paper (electrophoretic display).
EU tariff quota update
European Customs union has published the updated import tariff. Update includes the non-preferential tariff updates for certain products classified under chapter 08.
EU Customs tariff updates
European customs union has updated the import tariff. Updated includes the changes in the preferential duty rates for various countries and products classified under the tariff chapters 03, 07, 08, 16, 18, 19, 21, 23, 29, 38, 39, 64, 69, 70, 73, 76 etc.,
India Customs tariff update
India Customs authority has amended notification No. 57/2000-Customs which exempts gold, silver and platinum imported under specified schemes.
Maldives Customs tariff update
Maldives Customs authority has updated the import tariff. Update includes the changes in the HTS code and duty rates for various products classified under tariff chapter 20, 33, 73 etc.,
Madagascar Customs tariff update
Madagascar customs authority has updated the import tariff. Update includes the changes in the product description, import duty rates and preferential duty rates for various products across the tariff.
UK Customs tariff update
UK Customs authority has updated the import tariff. Update includes the addition/deletion of HTS codes, changes in product description, changes in the preferential duty rates for Vietnam and Egypt for various products classified under tariff chapters 07, 08, 12, 29, 73, 85 etc.
Vietnam Customs tariff updates
Vietnam customs authority has published the annual import tariff. Update includes the changes in the hts codes, import duty and preferential duty rates for various products classified under the tariff.