[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. 1/2016-Customs (SG)
New Delhi, the
29th March, 2016
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, 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 14th 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).
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.
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
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