Suspension of EU GSP benefits for articles of leather, fur skins and artificial fur
Nov. 18, 2022
Members of the Council,
Sub : Suspension of EU GSP benefits for articles of leather, fur skins and artificial fur
Kindly refer to our circular dated 13.07.2022 informing about suspension of tariff preference granted to EU-GSP benefit for India for Articles of Leather, fur skins and artificial fur.
In this connection we have received a communication from Embassy of India to the EU, Belgium and Luxembourg informing that the aforesaid specification of EU-GSP benefits will be effective for one full year starting from 01.01.2023 till 31.12.2023. On account of the EU GSP suspension, the normal MFN duty will be applicable for Articles of leather, fur skins and artificial fur.
A statement showing details of EU imports of items under Chapter 42 (Articles of Leather) & 43 (Fur Skins, Fur Products and Artificial Fur), the current GSP rate applicable and MFN rate applicable from 01.01.2023 is enclosed herewith for ready reference of members.
Thanks & regards,