[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)
New Delhi, the
25th September, 2019
Notification
No. 38/2019-Customs (ADD)
G.S.R. (E).
-Whereas, in the matter of “High -Speed Steel of Non-Cobalt Grade” (hereafter
referred to as the subject goods) falling under tariff items 7228 10 10 or 7228
10 90 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975),
(hereafter in this notification referred to as the Customs Tariff Act),
originating in or exported from Brazil, China and Germany (hereinafter in this
notification referred to as the subject countries), 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. 6/23/2018-DGTR dated,
the 1st August, 2019 has come to the conclusion that-
(a) the subject goods have been exported to India
from subject countries below its normal value, thus resulting in dumping of the
product;
(b) the domestic industry has suffered material injury due to dumping of the
subject goods from the subject countries; and
(c) the material injury has been caused by the dumped imports from the subject
countries,
and has recommended the imposition of definitive
anti-dumping duty on imports of the subject goods originating in, or exported,
from the subject countries.
Now,
therefore, in exercise of the powers conferred by sub-sections (1) and (5) of
section 9A of the Customs Tariff Act, read with rules 18 and 20 of the Customs
Tariff (Identification, Assessment and Collection of Anti-dumping Duty on
Dumped Articles and for Determination of Injury) Rules, 1995, the Central
Government, after considering the aforesaid final findings of the designated
authority, hereby imposes on the subject goods, the description of which is
specified in column (3) of the Table below, falling under tariff item of the
First Schedule to the Customs Tariff Act as specified in the corresponding
entry in column (2), originating in or exported from the countries as specified
in the corresponding entry in column (4), produced by the producers as
specified in the corresponding entry in column (5), and imported into India, an
anti-dumping duty at the rate equal to the amount as specified in the
corresponding entry in column (6) in the currency as specified in the
corresponding entry ion column (8) and as per unit of measurement as specified
in column (7), of the said Table, namely:-
TABLE
S. No |
Tariff item |
Description of goods |
Country of origin |
Producer |
Amount |
Unit of measurement |
Currency |
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
(8) |
1 |
7228
10 10 or 7228 10 90 |
Bars
and rods of Non-Cobalt Grade High Speed Steel of diameter from 4mm to 163mm
having three elements i.e., Molybdenum, Tungsten and Vanadium, with
combination of Tungsten and Molybdenum between 4% - 11.5% and maximum 3.5% of
Vanadium. The Carbon content should be between 0.7 % - 1.3% and Chromium
between 3.5% - 4.6% |
China |
Heye
Special Steel Company Limited |
1902.34 |
Metric
Tonne |
US
Dollar |
2
|
-do |
-do |
China |
Jiangsu
Tiangong Tools Company Limited |
2275.64 |
Metric
Tonne |
US
Dollar |
3 |
-do |
-do |
China |
Any
other producer other than serial number 1 and 2 |
3263.68 |
Metric
Tonne |
US
Dollar |
4 |
-do |
-do |
Brazil |
Any |
2147.22 |
Metric
Tonne |
US
Dollar |
5 |
-do |
-do |
Germany |
Any |
2259.22 |
Metric
Tonne |
US
Dollar |
2. The
anti-dumping duty imposed under this notification shall be levied for a period
of five years (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,
the rate of exchange applicable for the purposes of calculation of such
anti-dumping 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 Act.
[F. No.
354/128/2019-TRU]
(Ruchi Bisht)
Under Secretary to the Government of India
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