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Turkey lifts customs duties for specialty LLDPE and PS grades

by ChemOrbis Editorial Team -
  • 03/07/2015 (15:10)
According to a statement from the Turkish Plastics Industry Foundation (PAGEV), Turkey’s Ministry of Economy has lifted customs duties on ten specific products for a period of 5 years as per Tariff Suspension and Quota Limitation Systems applied in order to suspend customs duties for the raw materials with inadequate production in Turkey and the European Union (EU). PAGEV announced that the new application came into effect as of July 1, 2015 following the publication in the Official Gazette as an addendum to the Import Regime Decision.

The goods exempted from customs duties include LLDPE with HS Code 3901.10.10 and PS with HS Code 3903.19.00. The new application will affect high-flow LLDPE in powder form with a melt flow rate of 16-24g/10 min and PS with melting point ranging between 268°C to 272°C.

The aforementioned application shall only be applied to products having the required features while remaining products will continue to be subject to 6.5% customs duty.

For the further technical details regarding the products exempted from customs duties, please click here .
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