Cross-Border Trade Guide
HS 7208 · FL-RL IRON & NA STEEL NUN600MM WD HOT-RL, NOT CLADAnnual bilateral volume: $3M
Estimated Duties
~28-36%
BCD 7.5-15% + AIDC 2.5% + IGST 18%
Transit Time
18-25 days
End to end
Compliance
BIS QCO
Mandatory for 145+ steel grades
Export Rebate
0%
VAT zero-rated export
DUTY CALCULATION — INDIA
Base Duty
20%
BCD 20% (smartphones)
SWS (10% of BCD)
+2%
IGST 18%
18%
on (CIF + duty)
Effective Total
~22%
duty only
| Product cost (FOB) | $100,000 |
| Ocean freight (est.) | $3,500 |
| Marine insurance (0.4%) | $400 |
| Import duty (20%) | $20,780 |
| SWS (10% of BCD) (2%) | $2,078 |
| IGST 18% on $126,758 | $22,816 |
| Landing charges (1%) | $1,000 |
| Customs broker | ~$100 |
| EU (Germany) export tax rebate (19%) | -$19,000 |
| Estimated total landed cost | ~$131,674 |
* Estimates based on $100K FOB shipment of electronics (HS 85). Actual costs vary by exact HS code, weight/volume, and current rates.
Export-Side Restrictions
Recent Advisories
Related analysis
Q1 2026 CBAM landed at €75.36/tonne CO₂ — but the 2.5% adjustment factor means the bill is tiny. The actual policy is a verified-emissions registry that producers pay to build.
2026-04-20 · Read →April 6 raised §232 from 25% to 50% — but the policy story is buried in Annex I-B's switch from metal-content to full-customs valuation.
2026-04-20 · Read →