Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Central Government countervailing duty imposed on the tariff 40112010 and 40118000 for a period of five years (unless revoked, superseded or amended earlier)

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ereinafter 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. 6/8/2018-DGAD dated 25th March 2019, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 25th March 2019 had recommended imposition of definitive countervailing duty on the imports of subject goods, originating in, or exported from the subject country; And whereas, on the basis of the aforesaid findings of the designated authority, the Central Government had imposed definitive countervailing duty on the subject .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ide notification No. 7/30/2023-DGTR, dated the 22nd April, 2024, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 23rd April, 2024, has inter-alia come to the conclusion that i. producers in the subject country continue to avail benefits of subsidies that were held to be countervailable in the original investigation, ii. principles of judicial economy demand that a determination of countervailability of a program is relevant and appropriate only if information with regard to quantification of benefit is available and is on record. The Authority cannot on its own collect evidence for quantification of evidence. In any case, the Authority has considered that the Chinese producers have not fully cooperated in the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nd imported into India, countervailing duty calculated at the rate mentioned in column (7) of the said Table, namely:- TABLE Sl. 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. 40112010 and 40118000* New/Unused pneumatic radial tyres with or without tubes and/or flap of rubber (including tubeless tyres), having nominal rim dia code above 16 used in buses and lorries/trucks China PR Any country including China PR Any 17.57% 2. - do - do Any country other than China PR China PR Any 17.57% *The duty shall be payable on imports reported under 40118000 only if the description of the product confirms to the description given above. No countervailing d .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates