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Core Purpose

Imposes countervailing duty of 20% on import of saccharin from China PR for five years to counter subsidization and protect domestic industry.

Detailed Summary

This notification imposes a countervailing duty of 20% of CIF value on imports of 'Saccharin in all its forms' originating in or exported from China PR. This action follows final findings by the designated authority, which indicated that ending the existing duty would likely lead to continued subsidization and injury to the domestic industry. The duty is applicable for five years from the date of publication in the Official Gazette, unless revoked, superseded, or amended earlier. This notification is issued under Section 9 of the Customs Tariff Act, 1975, and supersedes a previous notification (No. 2/2019-Customs (CVD), dated 30th August, 2019), except for actions already taken under it. The duty is payable in Indian currency, with exchange rate and CIF value determined as per the Customs Act, 1962.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-25022025-261307 EXTRAORDINARY PART II-Section 3-Sub-section (i) PUBLISHED BY AUTHORITY No. 112] NEW DELHI, TUESDAY, FEBRUARY 25, 2025/PHALGUNA 6, 1946 MINISTRY OF FINANCE (Department Of Revenue) NOTIFICATION New Delhi, the 25th February, 2025 No. 01/2025-Customs (CVD) G.S.R. 146(E).โ€”Whereas, in the matter of "Saccharin in all its forms" (hereinafter referred to as the subject goods) falling under tariff item 2925 11 00 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 (hereinafter referred to as the subject country), 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. 7/34/2023-DGTR, dated the 27th November, 2024, has inter alia come to the conclusion that the cessation of countervailing duty is likely to lead to continuation or recurrence of subsidization 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 country. 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 Articles and for Determination of Injury) Rules, 1995 and in supersession of the notification of the Government of India, Ministry of Finance (Department of Revenue) number 2/2019-Customs (CVD), dated the 30th August, 2019, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 610(E), dated the 30th August, 2019, except as respects things done or omitted to be done before such supersession, 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 items 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, a countervailing duty of an amount as specified in the corresponding entry in column (6) of the said Table, namely:- TABLE +-----+------------+---------------------------+-------------------------+----------+---------------------+ | Sl. No. | Tariff Item | Description of goods | Country of Origin/Export| Producer | Duty amount as % of | | | | | | | CIF Value | +=====+============+===========================+=========================+==========+=====================+ | (1) | (2) | (3) | (4) | (5) | (6) | +-----+------------+---------------------------+-------------------------+----------+---------------------+ | 1. | 2925 11 00 | Saccharin in all its forms| China PR | Any | 20 | +-----+------------+---------------------------+-------------------------+----------+---------------------+ 2. The countervailing 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. โ€“ 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 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; (b) "CIF value" means the assessable value as determined under section 14 of the Customs Act, 1962 (52 of 1962). [F. No. CBIC-190354/18/2025-TRU Section-CBEC] AMREETA TITUS, Director

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