India becoming tyre dumping ground: ATMA

ATMA also highlighted the issue of the inverted duty structure affecting the tyre industry. "While the basic customs duty on tyres is 10-15 percent, under Free Trade Agreements (FTAs), tyres are imported into the country at even lower preferential duties, whereas the basic customs duty on its principal raw material, natural rubber, is much higher at 25 percent or Rs 30/kg, whichever is lower," ATMA explained.