May 31 2019
Customs duty on rebar and steel coil increased from 5% to 10%
On 24 January 2019, the Dubai Customs issued notice No. 2/2019 (the notice) regarding the increase of customs duty rates applied to imports of rebar and steel coils from 5% to 10%. The notice was recently made available.
This notice amended notice No. 1/2019 issued on 16 January 2019 on the same matter by introducing amendments on certain Harmonized System Code (HS Code) as well as limiting the application of the increased duty rate from 17 January 2019 to 31 December 2019.
The list of products (defined by their HS Code) for which the Customs duty rate has been increased from 5% to 10% is provided in the table below.
HS Code | Description |
---|---|
72 13 10 00 | Containing indentations, ribs, grooves or other deformations produced during the rolling process |
72 13 20 00 | Other, of free-cutting steel |
72 13 91 00 | Of circular cross-section measuring less than 14 mm in diameter |
72 13 99 00 | Other |
72 14 10 30 | Of circular cross-section measuring less than 8 mm in diameter |
72 14 10 40 | Of circular cross-section measuring 8-40 mm in diameter |
72 14 10 90 | Other |
72 14 20 30 | Of circular cross-section measuring less than 8 mm in diameter |
72 14 20 40 | Of circular cross-section measuring 8-40 mm in diameter |
72 14 20 90 | Other 10% |
72 14 30 30 | Of circular cross-section measuring less than 8 mm in diameter |
72 14 30 40 | Of circular cross-section measuring 8-40 mm in diameter |
72 14 30 90 | Other |
72 14 91 00 | Of rectangular (other than square) cross-section |
72 14 99 00 | Other |