CBIC Extends CVD on Copper Wire from 4 Indonesia, Malaysia, Thailand & Vietnam

CBIC extends CVD on Continuous Cast Copper Wire, originating in or exported from Indonesia, Malaysia, Thailand and Vietnam vide Notification No. 06/2025-Customs (CVD) [G.S.R. 441(E).] Dated: 3rd July, 2025. 

Ministry of Finance, Department of Revenue, has announced the continued imposition of countervailing duty (CVD) on imports of “Continuous Cast Copper Wire Rods” originating from or exported by Indonesia, Malaysia, Thailand, and Vietnam. This decision, effective for five years from July 3, 2025, follows final findings by the designated authority, which concluded that ending the existing duty would likely lead to continued or recurring subsidization and injury to India’s domestic industry.

The duty, falling under heading 7408 of the Customs Tariff Act, 1975, varies by country of origin and specific producer, ranging from 3.46% to 10.27% of the landed value. For instance, Indonesian producers face duties between 3.75% and 7.94%, while most Malaysian producers will see a 10.27% duty, with one specific producer exempted. Thai producers face duties up to 3.46%, and Vietnamese producers a 7.13% duty. The scope of the product includes copper wire of various sizes, specifically in coil form. This notification, No. 06/2025-Customs (CVD), supersedes a previous notification from January 8, 2020, formalizing the government’s measure to protect the domestic copper wire industry from subsidized imports.

MINISTRY OF FINANCE
(Department of Revenue)

 Notification No. 06/2025-Customs (CVD) | Dated: 3^rd July, 2025

G.S.R. 441(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 4^th April, 2025 read with corrigendum dated 2^nd 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 8^th 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 8^th 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

*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]

DHEERAJ SHARMA, Under Secy.