Sponsored
    Follow Us:
Sponsored

CBIC  imposes Anti-Dumping Duty on import of Flat rolled product of steel, plated or coated with alloy of Aluminium and Zinc originating in, or exported from China PR, Vietnam and Korea RP vide Notification No. 16/2020-Customs (ADD) dated: 23rd June, 2020.

MINISTRY OF FINANCE
(Department of Revenue)

NOTIFICATION NO. 16/2020-CUSTOMS (ADD)

New Delhi, the 23rd June, 2020

G.S.R. 397(E).—Whereas, in the matter of import of ‘Flat rolled product of steel, plated or coated with alloy of Aluminium and Zinc’ (hereinafter referred to as the subject goods), falling under headings 7210, 7212, 7225 and 7226 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the said Customs Tariff Act), originating in, or exported from People’s Republic of China, Vietnam and Republic of Korea (hereinafter referred to as the subject countries) and imported into India, the designated authority vide its preliminary findings No. 6/4/2019 DGTR, dated the 15th July, 2019, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 15th July, 2019, had recommended imposition of provisional anti-dumping duty on the imports of subject goods, originating in or exported from subject countries;

And whereas, on the basis of aforesaid findings of the designated authority, the Central Government had imposed the provisional anti-dumping duty on the subject goods vide notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 40/20 19 Customs (ADD), dated the 15th October, 2019, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub­section (i) vide number G. S. R. 786 (E), dated the 15th October, 2019;

And whereas, the designated authority in its final findings vide notification No. 6/4/2019 DGTR, dated the 21st February, 2020, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 21st February, 2020, has come to conclusion that-

(i) the subject goods have been exported to India from subject countries below its associated normal value, thus resulting in dumping;

(ii) the domestic industry has suffered material injury due to dumping of the subject goods from the subject countries;

(iii) the material injury has been caused by the dumped imports from the subject countries,

and has recommended imposition of definitive anti-dumping duty equal to the lesser of the margin of dumping and the margin of injury, so as to remove the injury to the domestic industry;

Now, therefore, in exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the said Customs Tariff Act, read with rules 18 and 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 and in pursuance of section 6 of the Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020 (2 of 2020), the Central Government, on the basis of 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 headings of the First Schedule to the said 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), and 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 definitive anti-dumping duty at the rate equal to the amount specified in the corresponding entry in column (7), in the currency as specified in the corresponding entry in column (8), and as per unit of measurement as specified in the corresponding entry in column (9), of the said Table:-

TABLE

Sl. No. He ading/ Sub- He ading Desc ription       of
Goods
Country of Origin Cou ntry of Export Pro ducer Duty Amo unt Cur rency Unit
1 2 3 4 5 6 7 8 9
1. 7210, 7212, 7225 and 7226 Flat rolled product of steel plated or coated with alloy of Alum inum and Zinc (this alloy of Aluminum and Zinc may  contain  one or  more add itional elements which in individual or in com bination shall not exceed 3% by weight.) Republic of Korea Any country including Republic of Korea Dongkuk Steel
Mill Co., Ltd.
14.30 United States Dollar Metric Tonne
2. do do Republic of Korea Any country including Republic of Korea POSCO 56.96 United States Dollar Metric Tonne
3. do do Republic of Korea Any country including Republic of Korea POSCO Coated & Color Steel Co., Ltd. 56.96 United States Dollar Metric Tonne
4. do do Republic of Korea Any country including Republic of Korea Dongbu Steel Co., Ltd. 13.07 United States Dollar Metric Tonne
5. do do Republic of Korea Any country including Republic of Korea Any  other producer  other than serial no. 1, 2, 3, and 4 84.47 United States Dollar Metric Tonne
6. do do Any country other than subject countries Republic of Korea Any 84.47 United States Dollar Metric Tonne
7. do do Vietnam Any other co untry inc luding Vi etnam Ton   Dong   A
Corp oration
23.63 United States Dollar Metric Tonne
8. do do Vietnam Any other country incl uding Vietnam Hoa Sen Group 46.87 United States Dollar Metric Tonne
9 do do Vietnam Any other country including Vietnam Tay Nam Steel Manuf acturing & Trading Co., Ltd 48.96 United States Dollar Metric Tonne
10. do do Vietnam Any other country inc luding Vietnam Nam Kim Steel Joint Company 81.30 United States Dollar Metric Tonne
11 do do Vietnam Any country incl uding Vietnam Any  other producer other than serial no. 7, 8, 9 and 10 173.10 United States Dollar Metric Tonne
12 do do Any country other than subject countries Vietnam Any 173.10 United States Dollar Metric Tonne
13 do do People’s Republic of China Any country inc luding People,s Republic of China Zhejiang Huada New Materials Co., Ltd. 56.48 United States Dollar Metric Tonne
14 do do People’s Republic of China Any country incl uding People’s Republic of China Any other producer other than Zheijiang Huada New Materials Co., Ltd. 128.93 United States Dollar Metric Tonne
15 do do Any country other than subject cou ntries People’s Republic of China Any 128.93 United States Dollar Metric Tonne

The subject goods mentioned in column (3) in the above Table do not include the following products: –

(a) flat rolled steel products coated with Zinc without addition of Aluminium;

(b) flat rolled steel products coated with Aluminium without addition of Zinc; and

(c) pre-painted or colour coated Aluminium Zinc alloy coated steel sheets (Pre-coated SGL sheets).

2. The anti-dumping duty imposed under this notification shall be effective for a period of five years (unless revoked, amended or superseded earlier) from the date of imposition of the provisional anti­dumping duty, that is, the 15th October, 2019 and shall be payable in Indian currency:

Provided that the said anti-dumping duty shall not be levied for the period commencing from the date of the lapse of the provisional anti-dumping duty, that is the 15th April, 2020 up to the preceding day of the publication of this notification in the Official Gazette.

Explanation.- For the purposes of this notification, rate of exchange applicable for the purposes of calculation of such anti-dumping 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.

[F. No. 354/109/2019 –TRU]
GAURAV SINGH, Dy. Secy

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031