Provisional Safeguard Duty of 20% on HR
Coils only in below $445/$500 per MT (MIP) Cases
·
DoR Notifies List of
Codes in Heading 7208 Subject to MIP
·
Final Safeguard Duty of
10% to Replace Provisional Safeguards Investigation Recommendation not yet
Notified
[Customs Notification
No. 02 (SG) dated 5th August 2016]
In exercise of the
powers conferred by sub-section (1) of section 8B of the Customs Tariff Act,
1975 (51 of 1975) (hereinafter referred to as the Customs Tariff Act) read with
rules 12, 14 and 17 of the Customs Tariff (Identification and Assessment of
Safeguard Duty) Rules, 1997, the Central Government, hereby makes the following
amendments in the notification of the Government of India in the Ministry of
Finance (Department of Revenue), No.1/2016-Customs (SG), dated the 29th March,
2016, published in the Gazette of India, Extraordinary, Part II, Section 3,
Sub-section (i), vide number G.S.R.363(E), dated the 29th March, 2016, namely:-
In the said
notification, for paragraph 2, the following paragraph shall be substituted,
namely:-G
“2. The safeguard duty
shall not be imposed on the subject goods, falling under tariff item of the
First Schedule to the Customs Tariff Act as specified in the corresponding
entry in column (2) of the Table below, when imported into India, at or above
the import price on CIF basis as mentioned in the corresponding entry in column
(3), in the currency as specified in the corresponding entry in column (5) and
as per unit of measurement as specified in the corresponding entry in column
(4) of the said Table, namely :-
|
S. No. |
Tariff Item |
Import price on CIF basis |
Unit |
Currency |
|
(1) |
(2) |
(3) |
(4) |
(5) |
|
1 |
7208
10 00 |
445 |
MT |
US
Dollar |
|
2 |
7208
25 10 |
500 |
MT |
US
Dollar |
|
3 |
7208
25 20 |
500 |
MT |
US
Dollar |
|
4 |
7208
25 30 |
445 |
MT |
US
Dollar |
|
5 |
7208
25 40 |
445 |
MT |
US
Dollar |
|
6 |
7208
25 90 |
500 |
MT |
US
Dollar |
|
7 |
7208
26 10 |
500 |
MT |
US
Dollar |
|
8 |
7208
26 20 |
500 |
MT |
US
Dollar |
|
9 |
7208
26 30 |
445 |
MT |
US
Dollar |
|
10 |
7208
26 40 |
445 |
MT |
US
Dollar |
|
11 |
7208
26 90 |
500 |
MT |
US
Dollar |
|
12 |
7208
27 10 |
500 |
MT |
US
Dollar |
|
13 |
7208
27 20 |
500 |
MT |
US
Dollar |
|
14 |
7208
27 30 |
445 |
MT |
US
Dollar |
|
15 |
7208
27 40 |
445 |
MT |
US
Dollar |
|
16 |
7208
27 90 |
500 |
MT |
US
Dollar |
|
17 |
7208
36 10 |
500 |
MT |
US
Dollar |
|
18 |
7208
36 20 |
500 |
MT |
US
Dollar |
|
19 |
7208
36 30 |
445 |
MT |
US
Dollar |
|
20 |
7208
36 40 |
445 |
MT |
US
Dollar |
|
21 |
7208
36 90 |
500 |
MT |
US
Dollar |
|
22 |
7208
37 10 |
500 |
MT |
US
Dollar |
|
23 |
7208
37 20 |
500 |
MT |
US
Dollar |
|
24 |
7208
37 30 |
445 |
MT |
US
Dollar |
|
25 |
7208
37 40 |
445 |
MT |
US
Dollar |
|
26 |
7208
37 90 |
500 |
MT |
US
Dollar |
|
27 |
7208
38 10 |
500 |
MT |
US
Dollar |
|
28 |
7208
38 20 |
500 |
MT |
US
Dollar |
|
29 |
7208
38 30 |
445 |
MT |
US
Dollar |
|
30 |
7208
38 40 |
445 |
MT |
US
Dollar |
|
31 |
7208
38 90 |
500 |
MT |
US
Dollar |
|
32 |
7208
39 10 |
500 |
MT |
US
Dollar |
|
33 |
7208
39 20 |
500 |
MT |
US
Dollar |
|
34 |
7208
39 30 |
445 |
MT |
US
Dollar |
|
35 |
7208
39 40 |
445 |
MT |
US
Dollar |
|
36 |
7208
39 90 |
500 |
MT |
US
Dollar |
|
37 |
7225
30 90 |
445 |
MT |
US
Dollar |
Explanation. – For the purpose of
this notification “import price on CIF basis” means the assessable value as
determined under section 14 of the Customs Act, 1962 (52 of 1962).”.
[F.No.354/219/2015-TRU]