[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY,
PART II, SECTION 3, SUB-SECTION (i)]
Government of
India
Ministry of
Finance
(Department of
Revenue)
Notification No. 2/2015-Customs (SG)
New Delhi, the 14th
September, 2015
G.S.R. (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, has come to the conclusion that increased
imports of subject goods into India has caused and threatened to cause serious
injury to the domestic industry/producers of subject goods, and any delay in
application for provisional Safeguard duty would cause damage which would be
difficult to repair, necessitating the imposition of provisional safeguard duty
on imports of subject goods into India, and accordingly has 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 (2) of section 8B of the said Customs Tariff Act, read with rules
10 and 14 of the Customs Tariff (Identification and Assessment of Safeguard
Duty) Rules, 1997, the Central Government after considering the said findings
of the Director General (Safeguards), 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 provisional safeguard duty at
the rate of twenty per cent. ad valorem.
2. 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shall be effective for a period of two hundred days (unless revoked, superseded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.
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]
(Akshay Joshi)
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