Seeks to impose safeguard duty on “Non-Alloy and Alloy Steel Flat Products” - 01/2025 - Safeguard Duty

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION NO. 01/2025-CUSTOMS (SG) New Delhi, the 21st April, 2025 G.S.R. 243(E). Whereas, in the matter of import of Non-Alloy and Alloy Steel Flat Products , namely (a) Hot Rolled coils, sheets and plates, (b) Hot Rolled Plate Mill Plates, (c) Cold Rolled coils and sheets, (d) Metallic Coated Steel coils and sheets, whether or not profiled, including Galvanneal, Coated with Zinc or Aluminium-Zinc or Zinc-Aluminium-Magnesium, and (e) Colour Coated coils and sheets, whether or not profiled (hereinafter referred to as the subject goods), falling under tariff headings 7208 , 7209 , 7210 , 7211 , 7212 , 7225 and 7226 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs Tariff Act), the Director General (Trade Remedies) in his preliminary findings vide notification No. 22/01/2024-DGTR, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 18th March 2025, has provisionally concluded that : i. there is a recent, sudden, sharp, and significant increase in imports of subject goods into India, causing and threaten to cause serious injury to the domestic industry/producers of subject goods; ii. there exist critical circumstances, where any delay in application of provisional safeguard measures would cause damage which would be difficult to repair; iii. there is a necessity for immediate application of provisional safeguard measures, and has accordingly recommended the imposition of provisional safeguard duty on imports of the subject goods into India; Now, therefore, in exercise of the powers conferred by sub-section (5) of section 8B of the Customs Tariff Act , read with rules 10 and 14 of the Customs Tariff (Identification and Assessment of Safeguard Measures) Rules, 1997 , the Central Government after considering the said findings of the Director General (Trade Remedies), hereby imposes on subject goods falling under tariff headings 7208 , 7209 , 7210 , 7211 , 7212 , 7225 and 7226 of the First Schedule to the Customs Tariff Act, when imported into India, a provisional safeguard duty at the rate of twelve per cent ad valorem. 2. The safeguard duty shall not be imposed on the product categories 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 :- TABLE Sl. No. (1) Product Category (2) Import price on CIF basis (3) Unit (4) Currency (5) 1. Hot Rolled coils, sheets and plates 675 MT USD 2. Hot Rolled Plate Mill Plates 695 MT USD 3. Cold Rolled Coils and Sheets 824 MT USD 4. Metallic Coated Steel Coils and Sheets, whether or not profiled, including Galvanneal, Coated with Zinc or Aluminium-Zinc or Zinc-AluminiumMagnesium 861 MT USD 5. Colour Coated coils and sheets, whether or not profiled 964 MT USD 3. Nothing contained in this notification shall apply to imports of subject goods from countries notified as developing countries under sub-section (2) of section 8B of the Customs Tariff Act, other than China PR and Viet Nam. 4. The safeguard duty imposed under this notification shall be effective for a period of two hundred days (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: For the purposes of this notification, (i) The following products are excluded from the scope of subject goods: a) Cold Rolled Grain Oriented Electrical Steel (CRGO); b) Cold Rolled Non-Oriented Electrical Steel (CRNO) coils and sheets; c) Coated - Electro Galvanized Steel; d) Tinplate; e) Stainless steel; f) Nickel Coated / Nickel Plated Cold Rolled Steel; g) Rubber Coated Steel; h) Electro Galvanised (EG) Zinc Nickel Coated Steel; i) Bi-Metal Steel / Bi-Metal Sandwich Steel; j) Brass Coated Steel Wire; k) CRUTONITE; l) INCONEL; m) Stainless Steel Items; n) Aluminium Coated Steel; o) Aluminium Silicon Coated / Hot Dipped Aluminised Silicon Coated Steel; p) Hot Rolled Clad Steel Plate; q) Nickel Plated Steel / Nickel Plated Strip; r) Copper Plated Steel; s) Laminated Electro Galvanized (EGI); t) Cobalt Plated Steel; u) Silver Plated Steel; and v) Titanium Clad Plates; (ii) the rate of exchange applicable for the purposes of calculation of the safeguard 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 Customs Act ; and (iii) Import price on CIF basis means the assessable value as determined under section 14 of the Customs Act, 1962 (52 of 1962) . [F. No. 190354/42/2025-TRU] DHEERAJ SHARMA, Under Secy.