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Core Purpose

Notification amending an existing customs notification to extend the levy of countervailing duty on imports of "Saccharin in all its forms" from China PR pending completion of a sunset review.

Detailed Summary

The Ministry of Finance (Department of Revenue), via Notification No. 02/2024-Customs (CVD), G.S.R. 294(E) dated 28 May 2024, referencing the designated authority's initiation notification No. 7/34/2023-DGTR dated 26 March 2024 (which initiated a review under section 9(6) of the Customs Tariff Act, 1975, read with rule 24 of the Customs Tariff (Identification, Assessment and Collection of Countervailing Duty on Subsidized Articles and for Determination of Injury) Rules, 1995, into continuation of countervailing duty on imports of "Saccharin in all its forms" under Tariff Item 2925 11 00 of the First Schedule to the Customs Tariff Act, originating in or exported from China PR), amended the original countervailing duty notification No. 2/2019-Customs (CVD) dated 30 August 2019 (G.S.R. 610(E)) in exercise of powers under sections 9(1) and 9(6) of the Customs Tariff Act, 1975 (51 of 1975) read with rules 20 and 24 of the 1995 Rules. The amendment inserts a new paragraph 3 after paragraph 2 (before the Explanation) providing that the countervailing duty imposed shall remain in force up to and inclusive of 28 February 2025, unless revoked, superseded, or amended earlier. Issued under F. No. CBIC-190354/112/2022-TRU Section-CBEC, signed by Nitish Karnatak, Under Secy.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-28052024-254396 EXTRAORDINARY PART II-Section 3-Sub-section (i) PUBLISHED BY AUTHORITY No. 273] NEW DELHI, TUESDAY, MAY 28, 2024/JYAISHTHA 7, 1946 3252 GI/2024 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 28th May, 2024 No. 02/2024-Customs (CVD) G.S.R. 294(E).—Whereas, the designated authority vide initiation notification No. 7/34/2023-DGTR dated 26th March, 2024, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 26th March, 2024, has initiated review in terms of sub-section (6) of section 9 of the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs Tariff Act) read with rule 24 of the Customs Tariff (Identification, Assessment and Collection of Countervailing Duty on Subsidized Articles and for Determination Of Injury) Rules, 1995 (hereinafter referred to as the said rules), in the matter of continuation of countervailing duty on imports 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, originating in or exported from China PR (hereinafter referred to as the subject country), imposed vide notification of the Government of India, in the Ministry of Finance (Department of Revenue) No. 2/2019-Customs (CVD), dated 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, and has requested for extension of the said countervailing duty in terms of sub-section (6) of section 9 of the Customs Tariff Act. 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 24 of the said rules, the Central Government hereby makes the following amendment in the notification of the Government of India, in the Ministry of Finance (Department of Revenue) No. 2/2019-Customs (CVD), dated 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, namely :- In the said notification, after paragraph 2 and before the Explanation, the following paragraph shall be inserted, namely: - "3. Notwithstanding anything contained in paragraph 2, the countervailing duty imposed under this notification shall remain in force up to and inclusive of the 28th February, 2025, unless revoked, superseded or amended earlier.". [F. No. CBIC-190354/112/2022-TRU Section-CBEC] NITISH KARNATAK, Under Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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