CBIC Extends CVD Levy on Chinese Pneumatic Radial Tyres until July 23, 2024

The government has extended the duration of the countervailing duty on Chinese Pneumatic Radial Tyres until July 23, 2024
CBIC - CVD Levy - Chinese Pneumatic Radial Tyres - Import duties update - Customs duty - Tyre import regulations - taxscan

The Central Board of Indirect Taxes and Customs ( CBIC ), vide notification no. 01/2024-Customs ( CVD ) dated 11th March 2024 regarding the countervailing duty ( CVD ) on imports of “New/Unused pneumatic radial tyres” originating from China PR. This decision comes in the wake of a review initiated by the designated authority, as per…

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