Customs Duty and Additional Customs Duty Increased for Two Stainless Steel Product Categories Under the 2024 Import Regime
The customs duty on cold-rolled flat stainless steel products, previously 8%, has been increased to 12% for all grades and thicknesses. Meanwhile, for welded stainless steel round, square, and rectangular section tubes—that is, welded pipes and box profiles—the customs duty remains at 0%, while the additional customs duty has been increased from 5% to 12%.
 
  1. COLD-ROLLED STAINLESS STEEL OF ALL GRADES AND THICKNESSES: 12%
  2. HOT-ROLLED STAINLESS STEEL PLATES OF ALL GRADES AND THICKNESSES: 2%
  3. HOT-ROLLED STAINLESS STEEL COILS OF ALL GRADES, 0–10.00 MM THICKNESS: 0%
  4. HOT-ROLLED STAINLESS STEEL COILS OF ALL GRADES, 10.00 MM AND ABOVE: 2%
  5. HOT-ROLLED STAINLESS STEEL COILS OF ALL GRADES AND THICKNESSES, LESS THAN 600 MM IN WIDTH: 2%
  6. COLD-ROLLED NARROW STAINLESS STEEL COILS WITH NICKEL CONTENT EXCEEDING 2.5%, 3,00 MM OR GREATER IN THICKNESS, AND MORE THAN 500 MM IN WIDTH: 12%
  7. COLD-ROLLED NARROW STAINLESS STEEL COILS WITH NICKEL CONTENT EXCEEDING 2.5%, 3,00 MM OR GREATER IN THICKNESS, AND LESS THAN 500 MM IN WIDTH: 0%
  8. COLD-ROLLED NARROW STAINLESS STEEL COILS WITH NICKEL CONTENT BELOW 2.5%, 3,00 MM OR GREATER IN THICKNESS, AND MORE THAN 500 MM IN WIDTH: 12%
  9. COLD-ROLLED NARROW STAINLESS STEEL COILS WITH NICKEL CONTENT BELOW 2.5%, 3,00 MM OR GREATER IN THICKNESS, AND LESS THAN 500 MM IN WIDTH: 0%
  10. COLD-ROLLED NARROW STAINLESS STEEL COILS OF ALL GRADES, 0,35-3,00 MM THICKNESS: 12%
  11. WELDED BOX PROFILES AND PIPES: 0%
  12. FOR WELDED BOX PROFILES AND PIPES, THE ADDITIONAL CUSTOMS DUTY HAS BEEN INCREASED FROM 5% TO 12%.
 
THE ABOVE RATES APPLY TO CUSTOMS DUTIES ONLY AND EXCLUDE ANY APPLICABLE ADDITIONAL CUSTOMS DUTIES, SURVEILLANCE MEASURES, AND ANTI-DUMPING DUTIES. THESE INFORMATION COVER ONLY A PORTION OF THE 2024 IMPORT REGIME.