Provisional Anti-subsidy Duty on Stainless Steel Flat Products
from Indonesia (US$22.31%, 22.65% and 24.83%) Notified
[Notification No. 2/2020-Customs (CVD) dated 9 October
2020]
G.S.R. (E). -Whereas, in the matter of "Flat
Products of Stainless Steel" (hereinafter referred to as the subject goods)
falling under headings 7219 and 7220 of the First Schedule to the Customs Tariff
Act, 1975 (51 of 1975), (hereinafter referred to as the Customs Tariff Act),
originating in or exported from Indonesia (hereinafter referred to as the
subject country), and imported into India, the Designated Authority in its preliminary
findings, published in the Gazette of India, Extraordinary, Part I, Section I,
vide notification No. 6/16/2019-DGTR, dated the 7th August, 2020 has
come to the conclusion that-
(i) the subject goods
have been exported to India from subject country at subsidised
prices;
(ii) the domestic industry has suffered material
injury due to subsidisation of the subject goods;
(iii) the
material injury has been caused by the subsidised imports
of the subject goods originating in or exported from the subject country;
and
has recommended the imposition of provisional countervailing duty on imports of
the subject goods originating in, or exported, from the subject country.
Now, therefore, in exercise of the powers conferred by
sub-section (2) of section 9 of the Customs Tariff Act, read with rules 15 and
22 of the Customs Tariff (Identification, Assessment and Collection of
Countervailing Duty on Subsidized Articles and for Determination of Injury)
Rules, 1995, the Central Government, after considering the aforesaid preliminary
findings of the designated authority, hereby imposes on the subject goods, the
description of which is specified in column (3) of the Table below, falling
under heading of the First Schedule to the Customs Tariff Act as specified in
the corresponding entry in column (2), originating in the countries as
specified in the corresponding entry in column (4), exported from the countries
as specified in the corresponding entry in column (5), produced by the producers
as specified in the corresponding entry in column (6), and imported into India,
a provisional countervailing duty calculated at the rate mentioned in column
(7) of the said Table, namely:-
|
Serial Number |
Heading |
Description of Goods |
Country of Origin |
Country of Export |
Producer |
Duty amount as a % of CIF value |
|
1. |
7219 and 7220 |
Flat Products of
Stainless Steel |
Indonesia |
Any country including Indonesia |
PT Indonesia Guang Ching Nikel and Stainless Steel
Industry |
22.31% |
|
2. |
7219 and 7220 |
Flat Products of Stainless Steel |
Indonesia |
Any country including Indonesia |
PT Indonesia Tsingshan
Stainless Steel |
22.31% |
|
3. |
7219 and 7220 |
Flat Products of Stainless Steel |
Indonesia |
Any country including Indonesia |
PT Indonesia Ruipu Nickel and
Chrome Alloy |
22.31% |
|
4. |
7219 and 7220 |
Flat Products of Stainless Steel |
Indonesia |
Any country including Indonesia |
PT IMR ARC Steel |
22.65% |
|
5. |
7219 and 7220 |
Flat Products of Stainless Steel |
Indonesia |
Any country including Indonesia |
Any producer other than producers mentioned i n Serial
Numbers I to 4 above |
24.83% |
|
6. |
7219 and 7220 |
Flat Products of Stainless Steel |
Any country Other than Indonesia |
Indonesia |
Any |
24.83% |
Provided that provisional countervailing duty shall not be
payable on imports of the following goods, namely:-
(a) Blade steel, or commercially known as razor blade grade steel used
in the production of razor:
(b) Coin blank falling under tariff item 7326 90 99 of the Custom
Tariff Act, used in the production of monetary coins;
(c) Flat rolled products of stainless steel of thickness greater than
80 millimeters;
(d) Flat rolled products of stainless steel of width more than 1650
millimeters for use in the same form without slitting into products having
width lower than 1650 millimeters after importation.
Provided further that the importer shall follow the
procedure set out in the Customs (Import of Goods at Concessional Rate of Duty)
Rules, 2017 with respect to goods mentioned in clause (d) of the first proviso.
Explanation: The exclusion from payment of provisional
countervailing duty in respect or goods at clause (d) of the first proviso
shall not be applicable in those cases where such goods are slit into products having
width lower than 1650 millimeters after importation thereof.
3. The provisional countervailing duty imposed under this
notification shall be levied for a period of four months (unless revoked,
amended or superseded earlier) from the date of publication of this notification
in the Official Gazette, and shall be payable in Indian currency.
Explanation.- For the purposes
of this notification:-
(1) rate of exchange applicable for the purposes
of calculation of such provisional countervailing duty shall be the rate, which
is specified in the notification of the Government of India, in the Ministry of
Finance (Department of Revenue). issued from time to time, in exercise of the
powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and the
relevant date for the determination of the rate of exchange shall be the date
of presentation of the bill of entry under section 46 of the said Customs Act;
(2) “CIF value" means the assessable value as determined under section
14 of the Customs Act, 1962 (52 of 1962).
[F.No.354/J I 4/2020-TRUl