CUSTOMS (ADD) Notification No 38 of 2019 dated 25th September, 2019

  

Notification no 38/2019 Customs (Anti-Dumping Duty) date on 25th September, 2019 

 

Seeks to impose anti-dumping duty on imports of ‘High -Speed Steel of Non-Cobalt Grade’originating in, or exported from Brazil, China and Germany.  

 The extract of CUSTOMS (ADD) Notification No. 38/2019- CUSTOMS is given below: 

    Notification No. 38/2019-CUSTOMS (anti-dumping duty)

 

 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] 

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE) 

New Delhi, the 25th September, 2019 

Notification 

No. 38/2019-Customs (ADD)

 

 

G.S.R.                (E). -Whereas, in the matter of         “High -Speed Steel of Non-Cobalt Grade” (hereafter referred to as the subject goods) falling under tariff items 7228 10 10 or 7228 10 90 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), (hereafter in this notification referred to as the Customs Tariff Act), originating in or exported from Brazil, China and Germany (hereinafter in this notification 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. 6/23/2018-DGTR dated, the 1st August, 2019 has come to the conclusion that- 

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

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

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

and has recommended the imposition of definitive anti-dumping 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 (5) of section 9A of the 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, 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 tariff item of the First Schedule to the Customs Tariff Act as specified in the corresponding entry in column (2), originating in or exported from the countries as specified in the corresponding entry in column 

(4), produced by the producers as specified in the corresponding entry in column (5), and imported into India, an anti-dumping duty at the rate equal to the amount as specified in the corresponding entry in column (6) in the currency as specified in the corresponding entry ion column (8) and as per unit of measurement as specified in column (7), of the said Table, namely:-

 

TABLE

S.No

Tariff item

Description of goods

Country of origin

Producer

Amount

Unit of measurement

Currency

1.

7228 10

10 or

7228 10

90

No

Bars and rods of Non-Cobalt Grade High Speed Steel of diameter from

4mm to 163mm having three elements i.e.,

Molybdenum,

Tungsten and

Vanadium,with

combination of

Tungsten and

Molybdenum

between 4% - 11.5% and

maximum 3.5% of

Vanadium.

The Carbon content should  be between 0.7 % - 1.3% and

Chromium between 3.5% - 4.6%

China

Heye

Special

Steel

Company

Limited

1902.34

Metric Tonne

US

Dollar

2.

do

do

China

Jiangsu

Tiangong

Tools

Company

Limited

2275.64

Metric tonne

US Dollar

3.

do

do

China

Any other

producer

other than

serial

number  1 and 2

3263.68

Metric tonne

US Dollar

4.

do

do

Brazil

Any

2147.22

Metric tonne

US Dollar

5.

do

do

Germany

Any

2259.22

Metric tonne

US Dollar

 

 

  1. The anti-dumping 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, the 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 Act. 

[F. No. 354/128/2019-TRU]

 

 

(Ruchi Bisht)

 

Under Secretary to the Government of India

 

 

Learn Exports Imports Free, Click here

Click here to know GST rate of your goods or service

How to import goods?

Pre-Import Procedure

Export Procedures and Documentation

Why Prohibition to import goods

How to export goods from India?

How to get Export Order?

How to export from India to Ethiopia?

How to import to India from Estonia? 

How to avoid delay in receiving OBL Original Bill of Lading?

How to avoid two import DO charges at destination

What is LC Letter of Credit in export import business

What is legalization of documents by embassy?

What is LET EXPORT order in export trade?

 How to book empty container for factory/CFS/ICD/port stuffing

 How to calculate CBM in LCL export shipments:

 How to calculate chargeable weight under airfreight in exports?

How to check the time of contract on high sea sale transaction?

How to Choose a product for export business

How to cover the risk of Cargo loss or damage

GST exemption list of goods and service

Find HSN number or Service tariff code for GST

GST registration guidelines

Indian GST Laws

Compensation to States for loss of revenue under GST

Impact of GST on Retail Sale Traders 

Meaning of term bond under GST

Section 74 Determination of tax not paid, CGST Act, 2017             

Officers to assist proper officers, Sec 72 of CGST Act, 2017

Export procedure changes after GST implementation

Factory stuffing procedures after GST implementation


Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers