News & Activities
Customs duty on newsprint totally withdrawn
The government of India recently waived the customs duty on newsprint as well as on uncoated paper used for printing of newspapers commonly known as glazed newsprint, and also on lightweight coated paper used for printing magazines. The total relaxation has been made in view of the current economic slowdown particularly affecting the newspaper industry.

Government had earlier provided a concessional customs duty on newsprint with effect from April 29, 2008 to the rate of three percent from five percent. Lightweight coated (LwC) paper attracts customs duty of five percent.

Owing to full exemption from excise duty, these items do not attract countervailing duty. These categories of papers are also exempted from the special additional duty of four percent.

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