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 - 1/2016 - Safeguard Duty

Government of India Ministry of Finance (Department of Revenue) Notification No. 1/2016-Customs (SG) New Delhi, the 29th March, 2016 G.S.R. 363 (E). - Whereas, in the matter of import of Hot-rolled flat products of non-alloy and other alloy Steel in coils of a width of 600 mm or more (hereinafter referred to as the subject goods), falling under heading 7208 or tariff item 7225 30 90 of the First Schedule to the Customs Tariff Act, 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 safeguard duty on import of the subject goods into India for a period of two hundred days with effect from the 14th day of September, 2015 vide notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 2/2015-Customs (SG), dated the 14th September, 2015 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number GSR 694 (E), dated the 14 th September, 2015; And whereas, in the final findings vide number G.S.R. 308(E), dated the 15th March, 2016, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), the Director General (Safeguard) has recommended the imposition of safeguard duty on subject goods falling under heading 7208 or tariff item 7225 30 90 of the First Schedule to the Customs Tariff Act for a period of two years and six months from the date of levy of provisional safeguard duty; Now, Therefore, in exercise of the powers conferred by sub-section (1) of section 8B of the Customs Tariff Act, read with rules 12 , 14 and 17 of the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997 and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 2/2015- Customs(SG), dated the14th September, 2015 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number GSR 694 (E), dated the 14th September, 2015 , the Central Government, 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-dumping duty payable, if any, when imported during the period from 14th March, 2017 to 13th September, 2017 (both days inclusive); and (d) ten per cent ad valorem minus anti-dumping duty payable, if any, when imported during the period from 14th September, 2017 to 13th March, 2018 (both days inclusive). 1 [2. The safeguard duty shall not be imposed on the subject goods, falling under tariff item of the First Schedule to the Customs Tariff Act as specified in the corresponding entry in column (2) of the Table below, when imported into India, at or above the import price on CIF basis as mentioned in the corresponding entry in column (3), in the currency as specified in the corresponding entry in column (5) and as per unit of measurement as specified in the corresponding entry in column (4) of the said Table, namely :- S. No. Tariff Item Import price on CIF basis Unit Currency (1) (2) (3) (4) (5) 1 7208 10 00 445 MT US Dollar 2 7208 25 10 500 MT US Dollar 3 7208 25 20 500 MT US Dollar 4 7208 25 30 445 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 7208 26 90 500 MT US Dollar 12 7208 27 10 500 MT US Dollar 13 7208 27 20 500 MT US Dollar 14 7208 27 30 445 MT US Dollar 15 7208 27 40 445 MT US Dollar 16 7208 27 90 500 MT US Dollar 17 7208 36 10 500 MT US Dollar 18 7208 36 20 500 MT US Dollar 19 7208 36 30 445 MT US Dollar 20 7208 36 40 445 MT US Dollar 21 7208 36 90 500 MT US Dollar 22 7208 37 10 500 MT US Dollar 23 7208 37 20 500 MT US Dollar 24 7208 37 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 31 7208 38 90 500 MT US Dollar 32 7208 39 10 500 MT US Dollar 33 7208 39 20 500 MT US Dollar 34 7208 39 30 445 MT US Dollar 35 7208 39 40 445 MT US Dollar 36 7208 39 90 500 MT US Dollar 37 7225 30 90 445 MT US Dollar Explanation. For the purpose of this notification import price on CIF basis means the assessable value as determined under section 14 of the Customs Act, 1962 (52 of 1962) .] 3. Nothing contained in this notification shall apply to imports of subject goods from countries notified as developing countries under clause (a) of sub-section (6) of section 8B of the Customs Tariff Act , other than People s Republic of China and Ukraine. Explanation: The following are not included in the scope of subject goods: a) Hot-rolled flat products of steel with nominal width less than 600mm; b) API grade steel; c) Silicon electrical steel; d) Hot-rolled flat 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 of Commerce) (Directorate General of Foreign Trade) No. 38/2015-2020, dated the 5th February, 2016 published in the Gazette of India (Extraordinary), Part II, Section 3, Sub-section (ii) vide S.O. 391(E) dated the 5th February, 2016.