CBIC amends notification No. 2/2019-Customs (CVD) dated 30th August, 2019 vide Notification No. 02/2024-Customs (CVD) Dated: 28th May 2024 in order to extend the levy of Countervailing Duty on ‘Saccharin in all its forms’ imported from China PR upto and inclusive of the 28th February, 2025.
MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATION
New Delhi, the 28th May, 2024
Notification No. 02/2024-Customs (CVD) | Dated : 28th May 2024
G.S.R. 294(E).—Whereas, the designated authority vide initiation notification No. 7/34/2023-DGTR dated 26th March, 2024, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 26th March, 2024, has initiated review in terms of sub-section (6) of section 9 of the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs Tariff Act) read with rule 24 of the Customs Tariff (Identification, Assessment and Collection of Countervailing Duty on Subsidized Articles and for Determination Of Injury) Rules, 1995 (hereinafter referred to as the said rules), in the matter of continuation of countervailing duty on imports of “Saccharin in all its forms” (hereinafter referred to as the subject goods) falling under Tariff Item 2925 11 00 of the First Schedule to the Customs Tariff Act, originating in or exported from China PR (hereinafter referred to as the subject country), imposed vide notification of the Government of India, in the Ministry of Finance (Department of Revenue) No. 2/2019-Customs (CVD), dated 30th August, 2019, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 610(E), dated the 30th August, 2019, and has requested for extension of the said countervailing duty in terms of sub-section (6) of section 9 of the Customs Tariff Act.
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 and 24 of the said rules, the Central Government hereby makes the following amendment in the notification of the Government of India, in the Ministry of Finance (Department of Revenue) No. 2/2019-Customs (CVD), dated 30th August, 2019, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 610(E), dated the 30th August, 2019, namely :-
In the said notification, after paragraph 2 and before the Explanation, the following paragraph shall be inserted, namely: –
“3. Notwithstanding anything contained in paragraph 2, the countervailing duty imposed under this notification shall remain in force up to and inclusive of the 28th February, 2025, unless revoked, superseded or amended earlier.”.
[F. No. CBIC-190354/112/2022-TRU Section-CBEC] NITISH KARNATAK, Under Secy.
