Import Duty on Plastic Granules in India 2026: Navigate Duties, Cut Costs, Stay Compliant

Overview of India Import Duties for Plastic Granules

Importing plastic granules into India involves a structured tax regime primarily governed by the Customs Act and the HSN classification under Chapter 39. The total landed cost is determined by a cumulative calculation where various duties and surcharges are applied to the assessable value of the goods. For SME importers, understanding these components is vital for accurate pricing and compliance.

Types of Duties and Taxes:

• Basic Customs Duty (BCD): This is the standard tax levied on the transaction value of the imported granules. Rates typically range between 7.5% and 10% depending on the specific polymer type.
• Social Welfare Surcharge (SWS): A 10% levy calculated on the Basic Customs Duty amount. It is a mandatory surcharge intended to fund social infrastructure projects.
• Integrated Goods and Services Tax (IGST): A 18% tax applied on the sum of the assessable value, BCD, and SWS. This serves as a value-added tax and is generally eligible for Input Tax Credit (ITC).
• Antidumping Duty (ADD): A protective duty imposed on imports from specific countries to prevent unfair competition. Importers must check current DGTR notifications for specific polymer grades like PVC or Polyethylene.