Trade Analyst Insight
Exporting Copper nickel scrap, including the following: new cupro
nickel clips and solids covered by ISRI code word 'Dandy';
cupro nickel solids covered by ISRI code word'Daunt';
soldered cupro-nickel solids covered by ISRI code word
'Delta'; cupro nickel spinnings, turnings, borings covered by
ISRI code word 'Decoy' 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 74040025 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.