MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
(DIRECTORATE GENERAL OF TRADE REMEDIES)
CORRIGENDUM
New Delhi, the 1st September, 2020
Corrigendum to Preliminary Findings Notification No. 6/16/2019-DGTR 07.08.2020
Subject : Corrigendum to Preliminary Findings in the anti-subsidy investigation concerning imports of “Flat Products of Stainless Steel” from Indonesia.
F. No. 6/16/2019-DGTR.—Having regard to the Customs Tariff Act 1975, as amended from time to time (hereinafter also referred to as “the Act”) and the Customs Tariff (Identification, Assessment and Collection of Countervailing Duty on Subsidized Articles and for Determination of Injury) Rules, 1995, as amended from time to time, (hereinafter also referred to as “the Rules”) Rules, thereof, the Designated Authority hereby makes the following corrections in the Preliminary Findings issued, vide notification No. 6/16/2019-DGTR dated 07.08.2020, in respect of subject Anti-Subsidy investigation.
2. The paragraph 248 of the said notification shall be substituted to read as under:
248. Having regard to the lesser duty rule followed by the Authority, the Authority recommends imposition of provisional countervailing duty equal to the lesser of margin of subsidy and margin of injury, so as to remove the injury to the domestic industry. Accordingly, the Authority recommends imposition of provisional countervailing duty on the imports of goods mentioned at Col. 3 of the duty table below, originating in or exported from the subject country, from the date of notification to be issued in this regard by the Central Government, equal to the amount mentioned in Col. 7 of the duty table appended below. The landed value of imports for this purpose shall be assessable value as determined by the Customs under Customs Act, 1962 and applicable level of custom duties except duties levied under Section 3, 3A, 8B, 9, 9A of the Customs Tariff Act, 1975.
DUTY TABLE
SN | Heading/ Subheading | Description of goods | Country of origin | Country of Export |
Producer | Duty amount as a % of CIF value |
(1) | (2) | (3) | (4) | (5) | (6) | (7) |
1 | 7219 and 7220 | Flat products of Stainless Steel as per description below** | Indonesia | Any country including Indonesia |
PT Indonesia Guang ChingNikel and Stainless SteelIndustry |
22.31% |
2 | -do- | -do- | Indonesia | Any country including Indonesia |
PT Indonesia Tsingshan Stainless Steel |
22.31% |
3 | -do- | -do- | Indonesia | Any country including Indonesia |
PT Indonesia Ruipu Nickel and Chrome Alloy |
22.31% |
4 | -do- | -do- | Indonesia | Any country including Indonesia |
PT IMR ARC Steel |
22.65% |
5 | -do- | -do- | Indonesia | Any country including Indonesia |
Any producer other than producers mentioned in S. Nos. 1 to 4 above |
24.83% |
6 | -do- | -do- | Any country other than Indonesia |
Indonesia | Any | 24.83% |
**Note- Flat Rolled Products of Stainless Steel for the purpose of the present notification is “Flat Rolled Products of Stainless Steel”, excluding the following:
i. Blade Steel, or commercially known as razor blade grade steel used in the production of razor.
ii. Coin Blank falling under 73269099 used in the production of monetary coins.
iii. Flat Rolled Products of Stainless Steel of width more than 1650 MM, in case of bonafide use by importers/ users for end use in the same form. Exclusion would not be applicable in those cases where the imported flat rolled products of stainless steel of width more than 1650 mm would be slit into products having width lower than 1650 MM after importation.
iv. Flat Rolled Products of Stainless Steel of thickness greater than 80 MM.
Subject to the above, all other aspects of the Preliminary Finding Notification No. 6/16/2019-DGTR dated 07.08.2020 issued by the Authority in respect of the subject Anti-subsidy investigation remain unchanged.
B. B. SWAIN, Spl. Secy. & Designated Authority