Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

Enter your input

Payable emissions (tCO₂e/t)

Total CBAM Cost (€)

Notes:
There may be a difference when calculating the price with respect to import volume, carbon price, and benchmark emissions, as the embedded formula may result in minor variations due to decimal rounding. Therefore, the actual value may vary.

CBAM is applicable to trade volumes starting from 50 metric tonnes. For trade volumes below 50 metric tonnes, CBAM does not apply.

Usage Procedure – How to use the CBAM Calculator Sheet

Enter or update values only in the INPUT
PARAMETERS section (Highlighted in blue) , including
the carbon price, benchmark emissions, CBAM
chargeable percentage (as per the phase-in year),
and imported quantity.

The system will automatically calculate the payable
emissions and the total CBAM cost (€) based on the
inputs provided.

Notes:
• Change any input value to automatically update CBAM cost.
• Formula used: Carbon price × payable emissions × quantity.
• Model aligned with CBAM supplier-side illustrative methodology.

10 NOVEMBER 2020 AL CIRCLE

India to seek early restoration of GSP trade privilege from Joe Biden demanding for higher tariffs rollback on aluminium

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Settling the much-awaited India-America trade deal is likely to be one of New Delhi’s top priorities as soon as Joe Biden’s administration in Washington DC takes over as the New President of the United States.

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According to the report, New Delhi is all set to speed up its negotiation with Biden Administration for early restoration of the Generalized System of Preference (GSP) trade privilege for India, which was withdrawn by the United States former President Donald Trump in June 2019 after determining that India did not assure the latter to provide "equitable and reasonable access" to its markets.

The Generalized System of Preference is the largest and oldest US trade preference programme designed to promote economic development by allowing duty-free entry for thousands of products from designated beneficiary countries.

India will stick to its demand for the rollback of higher tariffs imposed on some of its aluminium and steel products by the US, as well as for greater market access into sectors like agriculture, automobile, and engineering.

The US-India trade deal was expected to be signed after Trump-Modi meeting in New York on September 24, 2019, but failed to happen as the two sides could not narrow the differences.

Later on, a “mini trade deal” with “limited scope” was expected after Trump-Modi meeting in New Delhi on February 25 this year. But it also was shelved as Commerce Minister Piyush Goyal and the US Trade Representative Robert Lighthizer could not agree on several points.

Goyal and Lighthizer had the last round of talks in September 2020, post which the latter said that New Delhi made a very good offer to the US.

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