Trade Analyst Insight
Exporting Brass scrap, namely the following : refinery brass scrap
covered by ISRI code word Drink; composition of red brass
scrap covered by ISRI code word Ebony; red brass
composition turnings scrap covered by ISRI code word
Enerv; genuine babbit-lined brass bushings scrap covered by
ISRI code word Elder; machinery or hard brass solids scrap
covered by ISRI code word Engel; machinery or hand brass
solids scrap covered by ISRI code word Erin; cocks and
faucets scrap covered by ISRI code word Grape; yellow
brass scrap covered by ISRI code word Honey; yellow brass
castings covered by ISRI code word Ivory; new brass
clippings covered by ISRI code word Label; yellow brass
primer covered by ISRI code word Lark; brass pipe covered
by ISRI code word Melon; yellow brass rod turnings
covered by ISRI code word Night;new yellow brass rod ends
covered by ISRI code word Noble; yellow brass turnings
covered by ISRI code word Nomad; mixed unsweated auto
radiators covered by ISRI code word Ocean; a dmiralty brass
condenser tubes covered by ISRI code word Pales;
aluminium brass condenser tubes covered by ISRI code
word Pallu; allows for significant margin optimization. The India-UAE CEPA agreement reduces the import duty from 5.0% to 0.0%, offering a direct 5.0% cost saving. Additionally, exporters can claim 0.3% under RoDTEP.
Compliance Checklist
- Commercial Invoice: Must state HS 74040022 and Origin "India".
- Certificate of Origin: Required to claim the 0.0% duty rate. Apply via DGFT.
- Packing List: Net & Gross weight must match BL.