Summary
- The CBIC has mandated provisional assessments on imports of Malaysian rock breakers and alloy steel chisels.
- Importers are now required to provide guarantees of 162.50% for rock breakers and 29.21% for chisels.
- This move aims to regulate the influx of these products and ensure compliance with customs duties.
- The implications for importers could be significant, potentially affecting pricing and supply chain strategies.
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