Inside Woodworking News: ASEAN FTA activate, import duty reduces on wood products

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ASEAN FTA activate, import duty reduces on wood products

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As of the1st January 2010 customs duties in India have been reduced on goods imported from ASEAN countries. The basic duty on logs has been reduced from 5% to 4%, on sawn timber from 10% to 7.5 % and on MDF, particleboards, plywood, veneer sheets and soft boards from 10% to 7.5%.

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