The new policy for rawhides and skins processing trade comes into effect
The importation of rawhides and skins (HTS: 4101-4103), where the inputs are subsequently converted to leather products (shoes, bags, leather garments, etc) and re-exported: customs duty and VAT free. The original scheduled expired date is extended.
The importation of semi-finished leather (HTS: 4104-4106), where the inputs are subsequently converted to finished leather: customs duty and VAT free.
This policy comes into force as of today.