CUSTOMS (ADD) Notification No 40 of 2019 dated 15th October, 2019

Notification no 40/2019 Customs (Anti-Dumping Duty) date on 15th October, 2019 

Seeks to impose anti-dumping duty on imports 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.   

 The extract of CUSTOMS (ADD) Notification No. 40/2019- CUSTOMS is given below: 

    Notification No. 40/2019-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) 

NOTIFICATION No. 40/2019-CUSTOMS (ADD) 

New Delhi, the 15^th October, 2019

G.S.R. (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 Customs Tariff Act), originating in, or exported from China PR, Vietnam and Korea RP (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 15^th July, 2019, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 15^th July, 2019, has come to the conclusion that-

(i)             there is significant increase in imports of subject goods from subject counties in absolute terms as well as in relation to production and consumption in India;

(ii)             the subject goods have been exported to India from the subject countries below their normal values.;

(iii)             the domestic industry has suffered material injury;

(iv)             material injury has been caused by the dumped imports of subject goods from subject countries,

and has recommended imposition of provisional anti-dumping duty on the subject goods, originating in or exported from the subject countries and imported into India, in order to remove injury to the domestic industry.

Now, therefore, in exercise of the powers conferred by sub-section (2) of section 9A of the said Customs Tariff Act, read with rules 13 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, on the basis of the aforesaid 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 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 provisional 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

The subject goods mentioned in column (3) in the above Table does 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).

1. The provisional anti-dumping duty imposed under this notification shall be effective for a period of six months (unless revoked, amended or superseded 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, 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] 

(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

GST exemption list of goods and service

Find HSN number or Service tariff code for GST

GST registration guidelines

Indian GST Laws 

Difference between IGST and SGST

Types of GST in India

Difference between CGST and IGST

GST on Imports in India

Difference between CGST and SGST

What is entry tax in lieu of octroi (ETILOO) under GST 

Term RBI on T+1 basis under GST 

Term Provisional Identification Number(PID)under GST

Interest on delayed payment of tax, Section 50 of CGST Act, 2017            

Power to grant exemption from tax under section 6 of IGST Act,2017

Does CVD exists under project imports?

Baggage clearance after GST implementation

How to export goods from India?

How to get Export Order?

Export benefit schemes in India

Export procedures and documentation

How to overcome the credit risk in an export business?

How important Packing in export trade ?

How to Choose a product for export business

How to send export samples to foreign buyer? Tips to send samples to foreign buyer

Disadvantages of Letter of credit (LC) for Exporter

Commercial risks and solutions under Export Business 

 Political risks in International Trade 

Risks arising out of foreign laws in Import Export Business  

Cargo risks under Imports and Exports    

Types of Policies to cover credit risks in Import Export Trade