## Policy Analysis Report: Countervailing Duty on Digital Offset Printing Plates
**1. Executive Summary:**
This report analyzes a new policy notification (No. 052025-Customs (CVD)) issued by the Ministry of Finance, Department of Revenue, Government of India, effective June 27, 2025. The policy imposes a countervailing duty on imports of digital offset printing plates originating in or exported from China PR and Taiwan. This duty is in response to findings of subsidized pricing and the threat of material injury to the domestic industry. The report details the specific provisions of the policy, including the applicable duty rates for various producers and the interplay with existing anti-dumping duties.
**2. Introduction:**
This report provides an informative analysis of Notification No. 052025-Customs (CVD), pertaining to the imposition of a countervailing duty on digital offset printing plates. The analysis is based solely on the text of the notification provided. The purpose is to inform affected industries about the details and implications of this new policy.
**3. Policy Overview:**
* **Core Objective(s):** The primary objective of this policy, as inferred from the text, is to protect the domestic industry from material injury caused by subsidized imports of digital offset printing plates originating in or exported from China PR and Taiwan. This is achieved through the imposition of countervailing duties to offset the effects of these subsidies.
**4. Background and Rationale:**
* **New Policy:** The policy addresses the issue of subsidized imports of digital offset printing plates from China PR and Taiwan. The text indicates that the designated authority has found evidence of these subsidies and a resulting threat of material injury to the Indian domestic industry. This finding serves as the rationale for imposing the countervailing duty.
**5. Key Provisions / Changes:**
* **New Policy:** The policy establishes a countervailing duty on specific digital offset printing plates falling under tariff items 8442 50, 3701 30 00, 3704 00 90, 3705 00 00, 7606 11 90, 7606 91 90 and 7606 92 90 of the Customs Tariff Act. The specific provisions include:
* **Duty Rates:** The duty rates vary based on the producer and country of origin/export. Specific rates are provided in the table within the notification, ranging from USD 0.21 to USD 1.16 per square meter (SQM).
* **Country of Origin/Export:** The duty applies to goods originating in or exported from China PR and Taiwan.
* **Producer Specificity:** Different duty rates are assigned to specific producers in China PR, including Lucky Huaguang Graphics Co. Ltd., Kodak China Graphic Communications Co. Ltd., Fujifilm Printing Plate China Co. Ltd., Anhui Strong State New Materials Co. Ltd., Huangshan Jinruitai Technology, and Chongqing Huafeng Di Jet Printing Material Co., Ltd. A residual category covers "any other producer."
* **Exclusions:** The policy excludes waterless CtP plates used for printing on specialized materials such as credit cards and security cards, specifically those not used on paper.
* **Interaction with Anti-Dumping Duty (ADD):** The policy incorporates specific notes regarding the interaction between the countervailing duty (CVD) and any applicable anti-dumping duty. In some cases, the CVD is adjusted to account for existing ADD, ensuring that the combined duty does not exceed the "injury margin."
* **Duration:** The countervailing duty is imposed for a period of five years from the date of publication (June 27, 2025), unless revoked, superseded, or amended earlier.
**6. Target Audience and Stakeholders:**
The primary target audience and stakeholders for this policy are:
* **Domestic Manufacturers of Digital Offset Printing Plates:** The policy is intended to protect these manufacturers from subsidized competition.
* **Importers of Digital Offset Printing Plates:** Importers will be directly affected by the imposition of the countervailing duty, impacting their costs and potentially their sourcing decisions.
* **Foreign Producers and Exporters:** Producers and exporters in China PR and Taiwan are subject to the countervailing duty, potentially reducing their competitiveness in the Indian market.
* **Consumers of Printing Services:** Indirectly, this policy could affect the cost of printing services in India if the cost of printing plates increases significantly.
**7. Implementation Aspects (Inferred):**
* **Responsible Agency/Bodies:** The Ministry of Finance (Department of Revenue) is the responsible body for issuing and implementing this notification. The Customs authorities will be responsible for collecting the countervailing duty at the point of import.
* **Timelines and Procedures:** The policy is effective from the date of publication (June 27, 2025) and will remain in effect for five years unless amended. The duty is payable in Indian currency. The rate of exchange for calculating the duty will be determined by the notification issued by the Ministry of Finance under Section 14 of the Customs Act, 1962. The relevant date for determining the exchange rate is the date of presentation of the bill of entry.
**8. Expected Outcomes / Impact of Changes:**
* **New Policy:** The intended outcomes of this policy are likely to include:
* **Reduced Subsidized Imports:** The countervailing duty is expected to reduce the volume of subsidized imports of digital offset printing plates from China PR and Taiwan.
* **Increased Competitiveness of Domestic Industry:** By offsetting the effect of subsidies, the policy aims to improve the competitiveness of the Indian domestic industry.
* **Fairer Trade Practices:** The policy seeks to ensure a level playing field for domestic producers by addressing unfair trade practices related to subsidized imports.
**9. Conclusion:**
Notification No. 052025-Customs (CVD) introduces a countervailing duty on digital offset printing plates originating in or exported from China PR and Taiwan. This policy aims to protect the domestic industry from material injury caused by subsidized imports. The specific duty rates, producer-specific provisions, and interaction with anti-dumping duties create a complex framework that directly impacts importers, foreign producers, and domestic manufacturers. Understanding these provisions is crucial for stakeholders operating in the digital offset printing plate market. The policy is significant as it represents a direct intervention to address perceived unfair trade practices and safeguard domestic production.
Key Entities Referenced
Digital Offset Printing Plates: Subject goods under consideration for countervailing duty.
China PR: One of the subject countries from which the goods originate or are exported.
Taiwan: One of the subject countries from which the goods originate or are exported.
Customs Tariff Act, 1975: The primary legislation under which the countervailing duty is being imposed.
Customs Tariff Identification, Assessment and Collection of Countervailing Duty on Subsidized Articles and for Determination of Injury Rules, 1995: Rules governing the imposition of countervailing duty.
Ministry of Finance, Department of Revenue: The government body issuing the notification.
New Delhi: Location where the notification was issued.
G.S.R. 424E: Notification number related to Customs CVD.
Customs Act, 1962: Act referenced for rate of exchange determination.
Notification No. 06252023DGTR: Designated authority's final finding notification
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-27062025-264202
CG-DxLx-xEG-I2D7H0x6x2x0 25-264202
xxxGIDExxx
असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (i)
PART II—Section 3—Sub-section (i)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 381] नई दिल्ली, िुक्रिार, िनू 27, 2025/आषाढ़ 6, 1947
No. 381] NEW DELHI, FRIDAY, JUNE 27, 2025/ASHADHA 6, 1947
जित्त मत्रं ालय
(रािस्ट्ि जिभाग)
अजधसचू ना
नई दिल्ली, 27 िून, 2025
स.ं 05/2025- सीमा िल्ु क (सीिीडी)
सा.का.जन. 424(अ).— िबदक चीन िनिािी गणराज्य और ताइवान (एतजममन पम चात जिसे जिषयगत ििे स े
संिर्भित दकया गया ह)ै म ें मलू त: उत् पादित या िहा ं से जनयािजतत और भारत म ें आयाजतत ‘जडजिटल ऑफसेट प्प्रंटटंग प्लेट्स’,
(एतजममन पम चात जिसे जिषयगत िस्ट्तु से संिर्भित दकया गया ह)ै िो दक सीमािुल् क टैररफ अजधजनयम, 1975 (1975 का
51) (एतजममन पम चात जिसे सीमािुल्क टैररफ अजधजनयम से संिर्भित दकया गया ह)ै की प्रथम अनुसूची की उपशीर्षक/टैररफ
मि 8442 50, 3701 30 00, 3704 00 90, 3705 00 00, 7606 11 90, 7606 91 90 और 7606 92 90 के अतं गति
आता ह,ै के मामले में जिजनर्ििष् ट प्राजधकारी अपने अंजतम जनष्कषों में अजधसूचना संख् या 06/25/2023-डीिीटीआर, दिनांक
28 माच,ि 2025, जिसे भारत के रािपत्र, असाधारण, भाग I, खंड 1 में दिनांक 28 माच,ि 2024 को प्रकाजित दकया गया
था, के साथ पठित शुद्धिपत्र, जो कक किनाांक 12 जून, 2025 और 26 जनू 2025 को प्रकाजित दकया गया था, के तहत अन्य
बातों के अलािा इस जनष्कषि पर पहचं ेह ैं दक –
(i) जिषयगत िस्ट्तुओं को जिषयगत िेि से भारत में सद्धससडाइज़्ड मूल्य पर जनयाित दकया गया ह;ै
(ii) जिषयगत ििे से जिषयगत आयातों के कारण घरेल ूउद्योग को सारिान क्षजत का खतरा ह;ै
(iii) जिषयगत िेि से जिषयगत िस्ट्तओंु के सजससडीयुक्त आयातों के कारण सारिान क्षजत का खतरा उत्पन्न
हआ ह,ै
4245 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
और जिषयगत िेि में मलू त: उत् पादित या िहां से जनयािजतत और भारत म ें आयाजतत जिषयगत िस्ट् तुओं के आयात पर
काउांटरवेल ांग ड्यूटी लगाए िाने की जसफाररि की हIै
अतः अब सीमा िुल्क टैररफ (सद्धससडाइज़्ड िस्ट्तओंु की पहचान, उनका आंकलन तथा उन पर काउांटरवेल ांग ड्यूटी
का संग्रहण और क्षजत जनधारि ण) जनयमािली, 1995 के जनयम 20 और 22 के साथ परित सीमा िुल्क टैररफ अजधजनयम की
धारा 9 की उप-धारा (1) और (6) द्वारा प्रित्त िजक्तयों का प्रयोग करते हए केन् र सरकार, जिजनर्ििष् ट प्राजधकारी के उपयुिक्त
अंजतम जनष्क षों पर जिचार करने के पम चात, एतद्द्वारा, जिषयगत िस्ट् तओंु पर, जिनका जििरण नीचे िी गई सारणी के कॉलम
(3) में जिजनर्ििष् ट ह,ै िो दक सीमा िुल् क टैररफ अजधजनयम की प्रथम अनुसूची की उस उपशीर्कष /टैररफ मि के अंतगित आती
ह:ै िो दक नीच े कॉलम (2) की तत्स ंबंधी प्रजिजि म ें जिजनर्ििष् ट ह,ै िो कॉलम (4) की तत्स ंबंधी प्रजिजि में जिजनर्ििष् ट ििे ों म ें
मूलत: उत् पादित ह,ै िो कॉलम (5) की तत्स ंबंधी प्रजिजि में जिजनर्ििष् ट िेिों स े जनयािजतत ह,ै और कॉलम (6) की तत्स ंबंधी
प्रजिजि म ें जिजनर्ििष् ट जनमािताओं द्वारा जनर्मित ह ै और भारत म ें आयाजतत ह,ै पर उक्त सारणी के कॉलम (7) की तत्संबंधी
प्रजिजि म ेंजिजनर्ििि राजि के बराबर िर स,े कॉलम (9) की तत्सबं ंधी प्रजिजि म ेंजिजनर्ििि मुरा म ेंऔर कॉलम (8) की तत्संबंधी
प्रजिजि में जिजनर्ििि माप इकाई के अनुसार काउांटरवेल गां ड्यूटी लगाती ह,ै यथा:-
सारणी
क्र. शीर्षक/ मा का उद्गम िशे द्धनर्ाषत का उत्पािक राद्धश इकाई मुद्रा
स.ां उपशीर्षक/ द्धववरण िशे
टैठरफ आइटम
(1) (2) (3) (4) (5) (6) (7) (8) (9)
8442 50,
3701 30 00,
द्धडद्धजट चीन
3704 00 90,
लकी हआगआु ंग
ऑफसेट चीन जन.गण. वगष
1. 3705 00 00, ग्रादफक्स कंपनी 0.74 र्ूएसडी
लरांटटांग जन.गण. सद्धित कोई मीटर
जलजमटेड
7606 11 90,
प् ेट्स* भी िशे
7606 91 90,
7606 92 90
चीन वगष
कोडक चाइना
चीन जन.गण. ग्रादफक मीटर
2. -विी- -विी- शून्र् र्ूएसडी
जन.गण. सद्धित कोई कम्युजनकेिंस
कंपनी जलजमटेड
भी िशे
चीन फूजीकफल्म वगष
चीन जन.गण. लरांटटांग प् ेट मीटर
3. -विी- -विी- 0.38 र्ूएसडी
जन.गण. सद्धित कोई (चीन) कांपनी
भी िशे द्ध द्धमटेड
चीन वगष
अनहुई स्ट्ाांग स्टटेट
चीन जन.गण. मीटर
4. -विी- -विी- न्र् ू मटेठरर्ल्स 0.58 र्ूएसडी
जन.गण. सद्धित कोई
कांपनी द्ध द्धमटेड
भी िशे[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 3
चीन वगष
हुआांगशान
चीन जन.गण. मीटर
5. -विी- -विी- द्धजनरुइताई 0.43 र्ूएसडी
जन.गण. सद्धित कोई
रौद्योद्धगकी।
भी िशे
चीन चोंगककांग हुआफेंग वगष
चीन जन.गण. जड िेट लरांटटांग मीटर
6. -विी- -विी- 0.63 र्ूएसडी
जन.गण. सद्धित कोई मटेठरर् कांपनी
भी िशे द्ध द्धमटेड
चीन उपरोक्त क्रमाांक वगष
चीन जन.गण. (1) स े(6) तक के मीटर
7. -विी- -विी- 1.16 र्ूएसडी
जन.गण. सद्धित कोई अ ावा कोई भी
भी िशे उत्पािक
उपरोक्त क्रमाांक वगष
कोई अन्र् चीन (1) स े(6) तक के मीटर
8. -विी- -विी- 1.16 र्ूएसडी
िशे जन.गण. अ ावा कोई भी
उत्पािक
ताइवान वगष
सद्धित कोई मीटर
9. -विी- -विी- ताइवान भी िशे , चीन कोई भी उत्पािक 0.21 र्ूएसडी
जन.गण. के
अलािा
ताइवान वगष
सद्धित मीटर
कोई भी
10. -विी- -विी- ताइवान कोई भी उत्पािक 0.21 र्ूएसडी
िशे , चीन
जन.गण.
के अलािा
*क्रेजडट काडि, सुरक्षा काडि आदि िैसी जििेष सामजग्रयों पर छपाई के जलए उपयोग की िाने िाली िाटरलेस CtP प्लेटों को
छोड़कर, न दक कागि पर।
नोट 1: उपयुिक्त क्रमांक 1, 3, 7 और 8 के जलए, लगाई िाने िाली काउांटरवेल ांग ड्यूटी की राजि कॉलम संख्या (7) म ें
उजल्लजखत काउांटरवेल ांग ड्यूटी की मात्रा और िेय प्रजतपाटन िुल्क, यदि कोई हो, के बीच के अंतर के बराबर होगी (अथाित्,
काउांटरवेल ांग ड्यूटी =उपयुिक्त कॉलम (7) में उजल्लजखत िल्ु क घटा प्रजतपाटन िल्ु क, यदि कोई हो) िो दक अजधसूचना
संख्या 28/2024-सीमा िल्ु क (एडीडी) दिनांक 26.12.2024 के अतं गति िेय होगा ।
नोट 2 : उपयक्तुि क्रमांक 2 और 4 के जलए, लगाई िाने िाली काउांटरवेल ांग ड्यूटी की मात्रा कॉलम संख्या (7) म ेंउजल्लजखत
प्रजतकारी िल्ु क घटा िेय प्रजतपाटन िल्ु क, यदि कोई हो, होगी। चूंदक अंतर राजि ऋणात्मक या िून्य ह,ै ऐस े मामलों म ें कोई
काउांटरवेल ांग ड्यूटी नहीं जलया िाएगा (यानी सीिीडी = उपरोक्त कॉलम (7) म ेंिल्ु क में से एडीडी, यदि कोई हो अजधसूचना
संख्या 28/2024-सीमा िल्ु क (एडीडी) दिनांक 26.12.2024 के अंतगित)।4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
नोट 3 : क्रम संख्या 5 और 6 के जलए, चूंदक काउांटरवेल गां ड्यटू ी और प्रजतपाटन िल्ु क की राजि क्षजत मार्ििन स ेअजधक ह,ै
इसजलए, लगाए गए काउांटरवेल ांग ड्यूटी की मात्रा कॉलम संख्या (7) में उजल्लजखत क्षजत मार्ििन और प्रजतपाटन िल्ु क की
मात्रा के बीच के अंतर के बराबर होगी (दिनांक 26.12.2024 की अजधसूचना संख्या 28/2024-सीमा िुल्क (एडीडी) की
अिजिि श्रणे ी के क्रम संख्या (6) पर)। तिनुसार, क्रम संख्या 5 पर उत्पािक के जलए 0.01 र्ूएसडी / वग ष मीटर का अंतर
िुल्क और क्रम संख्या 6 पर उत्पािक के जलए 0.31 र्ूएसडी / वग ष मीटर का अंतर िल्ु क काउांटरवेल ांग ड्यूटी के रूप म ें िेय
होगा।
नोट 4 : सीररयल नंबर 9 और 10 के जलए लगाए गए काउांटरवेल ांग ड्यूटी की मात्रा िेय एंटी-डंप्पंग िुल्क के अजतररक्त ह ै
क्योंदक अनुिंजसत सजससडी मार्ििन और एंटी-डंप्पंग िल्ु क क्षजत मार्ििन से कम ह।ै (यानी काउांटरवेल ांग ड्यूटी = कॉलम (7)
में िुल्क)
2. इस अजधसूचना के अंतगित गार्ी गर्ी काउांटरवेल गां ड्यूटी इस अजधसूचना के रािकीय रािपत्र में प्रकािन की
तारीख से पांच िष ि की अिजध (यदि इसके पहल ेइसको िापस नहीं जलया िाता ह,ै इसका अजधक्रमण नहीं दकया िाता ह ैया
इसमें संिोधन नहीं होता ह ैतो) के जलए गार्ी जार्गे ी और यह भारतीय मुरा म ेंिेय िोगी ।
स्ट्पिीकरण - इस अजधसूचना के उद्देमय के जलए ऐसे प्रजतपाटन िुल्क की गणना के प्रयोिन हते ु लाग ू जिजनमय िर िही िर
होगी िो दक भारत सरकार, जित्त मंत्रालय (रािस्ट्ि जिभाग) की अजधसूचना, जिसे सीमािुल्क अजधजनयम, 1962 (1962
का 52) की धारा 14 के तहत प्रित्त िजक्तयों का प्रयोग करत े हए समय-समय पर िारी दकया गया हो, में जिजनर्ििि की गई
होगी और इस जिजनमय िर के जनधािरण की संगत तारीख िह तारीख होगी िो दक उक्त सीमािुल्क अजधजनयम की धारा 46
के अंतगित आगम पत्र म ेंप्रिर्िित होगी।
[फा. सं. 190354/77/2025-टीआरयू]
धीरज शमा,ष अिर सजचि
MINISTRY OF FINANCE
(Department Of Revenue)
NOTIFICATION
New Delhi, the 27th June, 2025
No. 05/2025-Customs (CVD)
G.S.R. 424(E).— Whereas in the matter of ‘Digital Offset Printing Plates’ (hereinafter referred to as the subject
goods) falling under sub-heading/tariff items 8442 50, 3701 30 00, 3704 00 90, 3705 00 00, 7606 11 90, 7606 91 90 and
7606 92 90 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs
Tariff Act), originating in, or exported from China PR and Taiwan (hereinafter referred to as the subject countries), and
imported into India, the designated authority in its final findings, vide notification No. 06/25/2023-DGTR, dated the 28th
March, 2025, read with corrigendum dated 12th June, 2025 and 26th June, 2025 published in the Gazette of India,
Extraordinary, Part I, Section 1, has inter-alia come to the conclusion that—
(i) the subject goods have been exported to India from the subject countries at subsidized prices;
(ii) there is threat of material injury to the domestic industry on account of subject imports from subject
countries;
(iii) the threat of material injury has been caused by the subsidized imports of subject goods from the subject
countries,
and has recommended imposition of countervailing duty on the imports of subject goods, originating in, or
exported from the subject countries and imported into India.
Now, therefore, in exercise of the powers conferred by sub-sections (1) and (6) of section 9 of the Customs Tariff
Act read with rules 20 and 22 of the Customs Tariff (Identification, Assessment and Collection of Countervailing Duty on
Subsidized 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 sub-heading/tariff items of the First Schedule to the Customs Tariff Act as
specified in the corresponding entry in column (2), originating in the countries as specified in the corresponding entry in
column (4), exported from the countries as specified in the corresponding entry in column (5), produced by the producers
as specified in the corresponding entry in column (6), and imported into India, a countervailing duty at the rate equal to the
amount as specified in the corresponding entry in column (7), in the currency as specified in the corresponding entry in
column (9) and as per unit of measurement as specified in the corresponding entry in column (8), of the said Table, namely:-[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 5
TABLE
S. Sub- Description Country Country Producer Amount Unit Currency
No. heading/Tariff of Goods of Origin of Export
item
(1) (2) (3) (4) (5) (6) (7) (8) (9)
SQM USD
8442 50,
3701 30 00,
Digital Any
3704 00 90, Lucky Huaguang
Offset country
1. 3705 00 00, China PR Graphics Co. 0.74
Printing including
7606 11 90, Ltd.
Plates* China PR
7606 91 90,
7606 92 90
SQM USD
Any Kodak China
country Graphic
2. -do- -do- China PR NIL
including Communications
China PR Co. Ltd.
SQM USD
Any
Fujifilm Printing
country
3. -do- -do- China PR Plate (China) Co. 0.38
including
Ltd.
China PR
SQM USD
Any Anhui Strong
country State New
4. -do- -do- China PR 0.58
including Materials Co.
China PR Ltd.
Any SQM USD
Huangshan
country
5. -do- -do- China PR Jinruitai 0.43
including
Technology.
China PR
SQM USD
Any Chongqing
country Huafeng Di Jet
6. -do- -do- China PR 0.63
including Printing Material
China PR Co., Ltd.
SQM USD
Any producer
Any other than
country producers
7. -do- -do- China PR 1.16
including specified at S.
China PR No. (1) to (6)
above
Any producer SQM USD
other than
Any other producers
8. -do- -do- China PR 1.16
country specified at S.
No. (1) to (6)
above
Any SQM USD
country
including
9. -do- -do- Taiwan Any producer 0.21
Taiwan,
excluding
China PR
Any SQM USD
country
including
10. -do- -do- Taiwan Any producer 0.21
Taiwan,
excluding
China PR6 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
*Excluding waterless CtP Plates used for printing on specialised materials such as credit card, security card etc.,
and not on paper.
Note 1: For serial numbers 1, 3, 7 and 8 above, the amount of countervailing duty to be imposed is equivalent to the
difference between the quantum of countervailing duty mentioned in column (7) and anti-dumping duty payable, if any
(i.e., CVD=Duty mentioned in column (7) above minus ADD, if any) under Notification No. 28/2024-Customs (ADD)
dated 26.12.2024.
Note 2: For serial numbers 2 and 4 above, the amount of countervailing duty to be imposed would be the
countervailing duty mentioned in column (7) minus antidumping duty payable, if any under Notification No. 28/2024-
Customs (ADD) dated 26.12.2024. (i.e. CVD= Duty in column (7) above minus ADD, if any). As the differential
amount is negative or zero, no countervailing duty shall be collected in such cases.
Note 3 : For serial numbers 5 and 6, since the sum of countervailing duty and anti-dumping duty exceed the injury
margin, therefore, the quantum of countervailing duty to be imposed would be equivalent to the difference between the
quantum of injury margin and anti-dumping duty mentioned in column (7) (at S. No. 6 residual category of Notification
No. 28/2024-Customs (ADD) dated 26.12.2024). Accordingly, for producer at serial number 5 the differential duty of
0.01 USD/SQM, and for producer at serial no. 6 the differential duty of 0.31 USD/SQM would be payable as
countervailing duty.
Note 4 : For serial numbers 9 and 10, the quantum of countervailing duty to be imposed is in addition to the anti-
dumping duty payable as the recommended subsidy margin and anti-dumping duty are less than the injury margin. (i.e.
CVD = Duty mentioned in column (7) above)
2. The countervailing 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, rate of exchange applicable for the purposes of calculation of such
countervailing 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. 190354/77/2025-TRU]
DHEERAJ SHARMA, Under Secy.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.