Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Seeks to levy safeguard duty on imports of Hot-rolled flat products of non-alloy and other alloy Steel in coils of a width of 600 mm or more for a period of two years and six months

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... t, 1975 (51 of 1975) (hereinafter referred to as the Customs Tariff Act), the Director General (Safeguard), in his preliminary findings, published vide number G.S.R. 690 (E), dated the 9th September, 2015, in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i), dated the 9th September, 2015 , had come to the conclusion that increased imports of subject goods into India has caused and threatened to cause serious injury to the domestic industry and producers of subject goods, thereby necessitating the imposition of provisional safeguard duty on imports of the subject goods into India; And whereas, on the basis of the aforesaid findings of the Director General (Safeguard), the Central Government has imposed provisional .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... vernment, after considering the said findings of the Director General (Safeguards) and subject to the provisions of paragraph 2, hereby imposes on subject goods falling under heading 7208 or tariff item 7225 30 90 of the First Schedule to the Customs Tariff Act , when imported into India, a safeguard duty at the following rate, namely:- (a) twenty per cent ad valorem minus anti-dumping duty payable, if any, when imported during the period from 14th September, 2015 to 13th September, 2016 (both days inclusive); (b) eighteen per cent ad valorem minus anti-dumping duty payable, if any, when imported during the period from 14th September, 2016 to 13th March, 2017 (both days inclusive); (c) fifteen per cent ad valorem minus anti- .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... MT US Dollar 5 7208 25 40 445 MT US Dollar 6 7208 25 90 500 MT US Dollar 7 7208 26 10 500 MT US Dollar 8 7208 26 20 500 MT US Dollar 9 7208 26 30 445 MT US Dollar 10 7208 26 40 445 MT US Dollar 11 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 30 445 MT US Dollar 25 7208 37 40 445 MT US Dollar 26 7208 37 90 500 MT US Dollar 27 7208 38 10 500 MT US Dollar 28 7208 38 20 500 MT US Dollar 29 7208 38 30 445 MT US Dollar 30 7208 38 40 445 MT US Dollar .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... products of steel of spring steel quality; e) Hot-rolled flat products of steel which are electrolytically plated or coated with zinc; f) Hot-rolled flat products of steel otherwise plated or coated with zinc; and g) Hot-rolled flat products of stainless steel. [F. No. 354/219/2015-TRU] (Anurag Sehgal) Under Secretary to the Government of India --------------------- Notes:- 1. Substituted vide Not. No. 2/2016-Customs (SG), the 5th August, 2016 , before it was read as, 2. The safeguard duty shall not be imposed on the subject goods which are imported at or above the Minimum Import Price in terms of the notification of the Government of India in the Ministry of Commerce and Industry (Department .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates