India’s Rubber Board proposes fee for imported rubber
India’s Rubber Board proposes to charge a fee for issuing the required No Objection Certificate (NOC) to import natural rubber (NR). The recommendation of the Rubber Board in this regard is under the consideration of the Central Government. The Board proposes to charge Rs.5000/- for each consignment. The NOC has been introduced to control the import of low-quality materials of NR variants that are available at cheaper rates into the domestic market. The levying of fees for the issue of certificates will increase the efficiency of the procedure of quality checking. Ultimately, it is expected to improve the domestic market.
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