Trade Analyst Insight
Exporting Copper scrap, namely the following : copper wire scrap
covered by ISRI code words Barley, Berry and Birch; heavy
copper scrap covered by ISRI code word Candy;unalloyed
copper scrap covered by ISRI code word Cliff; copper wire
nodules scrap covered by ISRI code words Clove, Cobra and
Cocoa; light copper scrap covered by ISRI Code word
Dream; muntz metal tubes covered by ISRI code word
Palms; Miscellaneous copper-containing skimming,
grindings, ashes, irony brass and copper, residues and slags
covered by ISRI code word 'Drove' Copper wire scrap with
various types of insultation covered by ISRI code word
'Druid' 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 74040012 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.