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Core Purpose

Notification No. 04/2024-Customs (CVD) imposing countervailing duty on imports of welded stainless-steel pipes and tubes originating in or exported from China PR and Vietnam, in supersession of Notification No. 4/2019-Customs (CVD).

Detailed Summary

Issued by the Ministry of Finance, Department of Revenue via Notification No. 04/2024-Customs (CVD), G.S.R. 559(E) dated 10th September 2024, in exercise of powers under sub-sections (1) and (6) of section 9 of the Customs Tariff Act, 1975 (51 of 1975) read with rules 20, 22 and 24 of the Customs Tariff (Identification, Assessment and Collection of Countervailing Duty on Subsidized Articles and for Determination of Injury) Rules, 1995. Based on the designated authority's final findings (notification No. 7/23/2023-DGTR dated 15th June 2024, read with corrigendum dated 28th August 2024) concluding that cessation of countervailing duty would likely lead to continuation or recurrence of subsidisation and injury to the domestic industry, the Central Government imposes countervailing duty on welded stainless-steel pipes and tubes (tariff items including 7304 11 10, 7304 41 00, 7305 90 99, 7306 11 00 through 7306 90 90) originating in or exported from China PR and Vietnam, superseding Notification No. 4/2019-Customs (CVD) dated 17th September 2019 (G.S.R. 665(E)). The duty rate is 29.88% of CIF value for goods from China PR (any producer); NIL for Sonha SSP Vietnam Sole Member Company Limited and Steel 568 Co., Ltd; and 11.96% for Gia Anh Hung Yen Co., Ltd., other Vietnamese producers, and goods exported via Vietnam from any other country. The duty is levied for five years from the date of publication unless revoked, superseded, or amended earlier, payable in Indian currency. Issued under F. No. 190354/120/2024-TRU, signed by Dilmil Singh Soach, Under Secretary.

Full Text

5809 GI/202 4 (1) रजिस्ट्री सं. डी.एल.- 33004/99 REGD. No . D. L. -33004/99 EXTRAORDINARY PART II —Section 3 —Sub-section ( i) PUBLISHED BY AUTHORITY टैररफ मि 7304 11 10 , 7304 11 90 , 7304 41 00 , 7304 51 10 , 7304 90 00 , 7305 11 29 , 7305 90 99 , 7306 11 00 , 7306 21 00 , 7306 29 19 , 7306 30 90 , 7306 40 00 , 7306 50 00 , 7306 61 00 , 7306 69 No. 517] NEW DELHI , TUESDAY , SEPTEMBER 10, 2024 /BHADRA 19, 194 6 CG-DL-E-10092024-257056 (1) (2) (3) (4) (5) (6) (7) 1 7304 11 10 7304 11 90 7304 41 00 7304 51 10 7304 90 00 7305 11 29 7305 90 99 7306 11 00 7306 21 00 7306 29 19 7306 30 90 7306 40 00 7306 50 00 7306 61 00 7306 69 00 7306 90 11 7306 90 19 या 11.96 MINISTRY OF FINANCE (Department Of Revenue) NOTIFICATION New Delhi, the 10th September , 2024 . No. 04/2024 -Customs (CVD) G.S.R. 559(E).—Whereas, in the matter of “Welded Stainless -Steel Pipes and Tubes” (hereinafter referred to as the subject goods) falling under tariff items 7304 11 10, 7304 11 90, 7304 41 00, 7304 51 10, 7304 90 00, 7305 11 29, 7305 90 99, 7306 11 00, 7306 21 00, 7306 29 19, 7306 30 90, 7306 40 00, 7306 50 00, 7306 61 00, 7306 69 00, 7306 90 11, 7306 90 19 and 7306 90 90 of the First Schedule to the Customs T ariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs Tariff Act), originating in or exported from China PR and Vietnam (hereinafter referred to as the subject countries), and imported into India, the designated authority in its final findin gs, published in the Gazette of India, Extraordinary, Part I, Section 1 vide notification No. 7/23/2023 -DGTR, dated the 15th June, 2024 read with corrigendum dated 28th August, 2024 has inter alia come to the conclusion that the cessation of countervailin g duty is likely to lead to continuation or recurrence of subsidisation and injury to the domestic industry and has recommended continued imposition of countervailing duty on imports of the subject goods originating in or exported from the subject countrie s; 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, 22 and 24 of the Customs Tariff (Identification, Assessment and Collection of Countervailing Duty on Subsidized Ar ticles and for Determination of Injury) Rules, 1995 and in supersession of the notification of the Government of India, Ministry of Finance (Department of Revenue) No. 4/2019 -Customs (CVD), dated the 17th September, 2019, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub -section (i) vide number G.S.R. 665(E), dated the 17th September, 2019, except as respects things done or omitted to be done before such supersession, the Central Government, after considering the aforesaid final find ings 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 items of the First Schedule to the Customs Tariff Act as specified in the corresponding entr y 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 co lumn (6), and imported into India, a countervailing duty at the rate specified in the corresponding entry in column (7) of the said Table, namely: − TABLE S.No. Tariff Item Description of goods Country of origin Country of export Producer Duty amount as a % of CIF Value (1) (2) (3) (4) (5) (6) (7) 1 7304 11 10 7304 11 90 7304 41 00 7304 51 10 7304 90 00 7305 11 29 7305 90 99 7306 11 00 7306 21 00 7306 29 19 7306 30 90 7306 40 00 7306 50 00 7306 61 00 7306 69 00 7306 90 11 7306 90 19 or 7306 90 90 Welded stainless steel pipes and tubes Any country other than China PR China PR Any producer 29.88 -do- -do- China PR Any country including China PR Any producer 29.88 -do- -do- Vietnam Any country including Vietnam Sonha SSP Vietnam Sole Member Company Limited NIL -do- -do- Vietnam Any country including Vietnam Steel 568 Co., Ltd NIL -do- -do- Vietnam Any country including Vietnam Gia Anh Hung Yen Co., Ltd. 11.96 -do- -do- Vietnam Any country including Vietnam Any producer other than 3 to 5 above 11.96 -do- -do- Any country other than Vietnam Vietnam Any producer 11.96 Note : - The customs classification is only indicative and not binding on the scope of the product under consideration . 2. The countervai ling 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. Explana tion. – For the purposes of this notification, − (a) the rate of exchange applicable for the purposes of calculation of such countervailing duty shall be the rate which is specified in the notification of the Government of India, in the Mi nistry 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 presentat ion of the bill of entry under section 46 of the said Act and, (b) “CIF value” means the assessable value as determined under section 14 of the Customs Act, 1962 (52 of 1962). [F. No. 190354/120/2024 -TRU] DILMIL SINGH SOACH, Under Sec y. Uploaded by Dte. of P rinting at Government of India Press, Ring R oad, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delhi -110054.

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