Notification no 29/2019 Customs (CVD) date on 8th January, 2020 

 

 

Seeks to impose definitive countervailing duty on imports of Continuous Cast Copper Wire Rods originating in, or exported from Indonesia, Malaysia, Thailand and Vietnam. 

The extract of Customs (CVD)  Notification No. 01/2020- Customs is given below: 

Notification No. 01/2020- Customs (CVD)

 

[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 8th January, 2020 

Notification 

No. 1/2020-Customs (CVD)

 

 

G.S.R.                (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. 6/17/2018-DGAD dated the 5^th November, 2019 has come to the conclusion that-

 

(i)      the subject goods have been exported to India from subject countries at subsidized prices except exports from M/s SEI Thai Electric Conductor Co. Ltd., Thailand;

 

(ii)      the domestic industry has suffered material injury due to subsidization of the subject goods;

 

(iii)      the material injury has been caused by the subsidized imports of the subject goods originating in or exported from the subject countries;

 

and has recommended the imposition of definitive 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 and 22 of the Customs Tariff (Identification, Assessment and Collection of Countervailing Duty on Subsidized 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 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, countervailing duty calculated at the rate mentioned in column (7) of the said Table, namely:-

 

                                                                             Table 

S.	Heading	Description	Country		of	Country	of	Producer		Duty amount as %
No.		of Goods	Origin			Export				of landed value
(1)	(2)	(3)	(4)			(5)		(6)		(7)
1.	7408	Continuous	Thailand			Any	country	SEI	Thai	NIL
		Cast  Copper				including		Electric
		Wire				Thailand		Conductor
								Co. Ltd
2.	-do-	-do-	Thailand			Any	country	Any		3.46%
						including		producer
						Thailand		other	than
								producer
								mentioned in
								S. No. 1
3.	-do-	-do-	Any	country		Thailand		Any		3.46%
			other		than
			Thailand,
			Indonesia,
			Malaysia		and
			Vietnam
4.	-do-	-do-	Indonesia			Any	country	PT.		3.75%
						including		Tembaga
						Indonesia		Mulia
								Semanan,
								Tbk
5.	-do-	-do-	Indonesia			Any	country	PT.Karya		4.98%
						including		Sumiden
						Indonesia		Indonesia
6.	-do-	-do-	Indonesia			Any	country	Any		7.94%
						including		producer
						Indonesia		other	than
								producer
								mentioned in
								S. Nos. 4 and
								5
7.	-do-	-do-	Any	country		Indonesia		Any		7.94%
			other		than
			Thailand,
			Indonesia,
			Malaysia		and
			Vietnam
8.	-do-	-do-	Malaysia			Any	country	Metrod		2.47%
						including		Malaysia
						Malaysia		Sdn Bhd
9.	-do-	-do-	Malaysia			Any	country	Any		10.27%
						including		producer
						Malaysia		other	than
								producer
								mentioned in
								S. No. 8