Anti-subsidy Duty on Continuous Cast Copper Wire Rods from Indonesia,
Malaysia, Thailand and Vietnam to Continue for Another Five Years
·
DGTR
Recco the Earlier Duty to Continue in Final Findings on Primary Copper
Manufacture Association (IPCPA) Complaint
·
Indonesia
(3.75% to 7.94%)
·
Malaysia
(10.27%)
·
Thailand
(3.46%)
·
Vietnam
(7.13%)
·
Current Notification 06/2025-Customs (CVD) dated 3
Jul, 2025 supersedes Notification No. 1/2020-Customs (CVD) dated 8 January 2020
[Notification
No. 06/2025-Customs (CVD) dated 3 July, 2025]
Seeks
to extend CVD on Continuous Cast Copper Wire, originating in or exported from
Indonesia, Malaysia, Thailand and Vietnam
G.S.R…(E). -Whereas, in the matter of
“Continuous Cast Copper Wire Rods” (hereinafter referred to as the subject
goods) falling under heading 7408 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,
Malaysia, Thailand and Vietnam (hereinafter referred to as the subject
countries), and imported into India, the designated authority in its final
findings, published in the Gazette of India, Extraordinary, Part I, Section 1
vide notification No. 07/07/2024-DGTR, dated the 4th April, 2025 read with
corrigendum dated 2nd July,2025 has inter alia come to the conclusion that the
cessation of countervailing duty is likely to lead to continuation or recurrence
of subsidization and injury to the domestic industry, and has recommended
continued imposition of countervailing duty on imports of the subject goods
originating in or exported from the subject countries.
Now, therefore, in exercise of the
powers conferred by sub-sections (1) and (6) of section 9 of the Customs Tariff
Act read with rules 20, 22 and 24 of the Customs Tariff (Identification,
Assessment and Collection of Countervailing Duty on Subsidized Articles and for
Determination of Injury) Rules, 1995 and in supersession of the notification of the Government of India,
Ministry of Finance (Department of Revenue) No. 01/2020-Customs (CVD), dated the 8th January, 2020, published in
the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 18(E), dated the 8th January, 2020,
except as respects things done or omitted to be done before such supersession,
the Central Government, after considering the aforesaid final 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
countervailing duty at the rate specified in the corresponding entry in column (7)
of the said Table, namely:-
TABLE
|
S. No. |
Heading |
Description of Goods |
Country of Origin |
Country of Export |
Producer |
Duty as % of Landed Value |
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
|
1. |
7408 |
Continuous Cast Copper
Wire* |
Indonesia |
Any country,
including Indonesia |
PT Karya Sumiden Indonesia |
4.98% |
|
2. |
-do- |
-do- |
Indonesia |
Any country,
including Indonesia |
PT Tembaga Mulia Semanan Tbk |
3.75% |
|
3. |
-do- |
-do- |
Indonesia |
Any country,
including Indonesia |
Any producer other
than the producers mentioned at S. Nos. 1 and 2 |
7.94% |
|
4. |
-do- |
-do- |
Any country other
than Indonesia, Malaysia, Thailand and Vietnam |
Indonesia |
Any producer |
7.94% |
|
5. |
-do- |
-do- |
Malaysia |
Any country,
including Malaysia |
Metrod Malaysia Sdn Bhd |
Nil |
|
6. |
-do- |
-do- |
Malaysia |
Any country,
including Malaysia |
Any producer other
than the producer mentioned at S. No. 5 |
10.27% |
|
7. |
-do- |
-do- |
Any country other
than Indonesia, Malaysia, Thailand and Vietnam |
Malaysia |
Any |
10.27% |
|
8. |
-do- |
-do- |
Thailand |
Any country,
including Thailand |
SEI Thai Electric
Conductor Co., Ltd. |
Nil |
|
9. |
-do- |
-do- |
Thailand |
Any country,
including Thailand |
Any producer other
than the producer mentioned at S. No. 8 |
3.46% |
|
10. |
-do- |
-do- |
Any country other
than Indonesia, Malaysia, Thailand and Vietnam |
Thailand |
Any |
3.46% |
|
11. |
-do- |
-do- |
Vietnam |
Any country including
Vietnam |
Any |
7.13% |
|
12. |
-do- |
-do- |
Any country other
than Indonesia, Malaysia, Thailand and Vietnam |
Vietnam |
Any |
7.13% |
*The
scope of the product under consideration includes copper wire of more than and
less than 6mm. It is further clarified that only copper wire rod in coil form
is part of the scope of the product under consideration.
2. The countervailing duty imposed under
this notification shall be levied for a
period of five years (unless revoked, superseded or amended 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,
(a) the rate of
exchange applicable for
the purposes of
calculation of such 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 Act;
(b) “Landed value” means the
assessable value determined under the Customs Act, 1962 (52 of 1962) and
includes all duties of customs except duties under sections 3, 3A, 8B, 9 and 9A
of the said Act.
[F. No. 190354/143/2024-TRU]