India Cuts Duty on Natural Rubber Imports to 7.5% Until March 31

Dec. 24 (Bloomberg) -- India, the fourth-biggest producer of natural rubber, reduced the import tax to 7.5 percent for shipments up to 40,000 tons until March 31, according to a Finance Ministry notification dated Dec. 22.

The import duty has been reduced from 20 percent.

(Source: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a77SvwMcH5GU)