Home India Ministry of Finance Whereas, in the matter of Continuous Cast Copper Wire Rods h...
Date: 2020-01-08 Category: Extra Ordinary State: Union Government Country: India

Whereas, in the matter of Continuous Cast Copper Wire Rods hereinafter referred to as the subject goods falling under heading 7408 of the First Schedule to the Customs Tariff Act

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

Executive Summary: This notification imposes a countervailing duty on imports of Continuous Cast Copper Wire Rods originating in or exported from Indonesia, Malaysia, Thailand, and Vietnam, based on the final findings of the Designated Authority. The duty is applicable for five years from the date of publication in the Official Gazette unless amended earlier. The notification specifies duty amounts based on the country of origin, export, and producer. Key Points / Main Content: Countervailing Duty Imposition: * Definitive countervailing duty is imposed on Continuous Cast Copper Wire Rods falling under heading 7408 of the Customs Tariff Act. * The duty applies to goods originating in or exported from Indonesia, Malaysia, Thailand, and Vietnam. Duty Rates and Producers: * Specific duty rates (as a percentage of landed value) are applied based on the country of origin, export, and the producer. * A NIL duty applies to goods from Thailand produced by SEI Thai Electric Conductor Co. Ltd. * Different duty rates apply to various producers from Indonesia (PT. Tembaga Mulia Semanan, Tbk, PT. Karya Sumiden Indonesia, and others) and Malaysia (Metrod Malaysia Sdn Bhd and others). * A duty applies to goods from Vietnam. Duration and Payment: * The countervailing duty is valid for five years from the date of publication, unless revoked, superseded, or amended earlier. * The duty is payable in Indian currency. Exchange Rate and Landed Value: * The exchange rate for calculating the duty is determined by the notification issued under Section 14 of the Customs Act, 1962, at the time of bill of entry presentation. * Landed value includes assessable value and all customs duties except those under sections 3, 3A, 8B, 9, and 9A of the Customs Act, 1962. Impact Analysis: Importers: * Impact: Importers of Continuous Cast Copper Wire Rods from Indonesia, Malaysia, Thailand, and Vietnam will face additional costs due to the countervailing duty. * Action Required: Calculate the applicable countervailing duty based on the origin, export country, and producer, and factor it into the import costs. Domestic Industry: * Impact: The domestic industry producing Continuous Cast Copper Wire Rods will benefit from the imposition of countervailing duty, as it reduces the price advantage of subsidized imports. * Action Required: Monitor the impact of the duty on market share and profitability. Central Government: * Impact: Increased revenue collection through countervailing duties. * Action Required: Monitor the effectiveness of the duty in addressing the injury to the domestic industry and adjust policies as necessary. Producers/Exporters in Indonesia, Malaysia, Thailand, and Vietnam: * Impact: Reduced competitiveness in the Indian market due to the imposition of countervailing duty. * Action Required: Evaluate pricing strategies and explore alternative markets.

Key Entities Referenced

New Delhi: Capital of India, place of notification Customs Tariff Act, 1975: Indian Law under which countervailing duty is imposed Indonesia: One of the subject countries from which Continuous Cast Copper Wire Rods are imported Malaysia: One of the subject countries from which Continuous Cast Copper Wire Rods are imported Thailand: One of the subject countries from which Continuous Cast Copper Wire Rods are imported Vietnam: One of the subject countries from which Continuous Cast Copper Wire Rods are imported Continuous Cast Copper Wire Rods: Subject goods on which countervailing duty is imposed Customs Act, 1962: Indian Law related to customs and duties
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रिज(cid:4)(cid:5)ी स.ं डी.एल.- 33004/99 REGD. NO. D. L.-33004/99 सी.जी.-डी.एल.-अ.-09012020-215241 CG-DL-xEx-x0G9I0D1H2x0x2x0 -215241 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—ख(cid:2)ड 3—उप-ख(cid:2)ड ((i) PART II—Section 3—Sub-section (i) (cid:1)ािधकार स े(cid:1)कािशत PUBLISHED BY AUTHORITY स.ं 16] नई (cid:7)द(cid:9)ली, बधु वार, जनवरी 8, 2020/पौष 18, 1941 No. 16] NEW DELHI, WEDNESDAY, JANUARY 8, 2020/ PAUSHA 18, 1941 िव(cid:10)त म(cid:14)ं ालय (राज(cid:4) व िवभाग) अिधसचू ना नई (cid:4)द(cid:6)ल ी, 8जनवरी, 2020 स.ं/ 1 2020- सीमा शलु क् (सीवीडी) सा .िन.का.18.(अ)—जहा ं (cid:4)क इंडोनिे शया, मलिे शया, थाईलड(cid:15) और िवयतनाम त िजएति(cid:25)मन प(cid:25)च ा)(cid:28)ह (cid:29) िवषयगत देश" स े संद$भत (cid:4)कया गया ह ै (cid:4)दत या वहां से िनया*ितत और भारत मउ(cid:29) )प ा :म (cid:29) मूलत (आयाितत “का(cid:28)ट ी(cid:28)य अु स का- ट कापर वायर रॉ/स” (एति(cid:25)मन प(cid:25) चात िजसे िवषयगत व-त ु से संद$भत (cid:4)कया गया ह)ै जो (cid:4)क सीमा श(cid:6)ु क टै2रफ अिधिनयम, 1975 (1975 का 51) (एति(cid:25)मन प(cid:25)च ात िजसे उ4त सीमा शु(cid:6)क टै2रफ अिधिनयम से संद$भत (cid:4)कया गया ह ैक7 8थम अनुसूची के शीष*क (7408 के अंतग*त आता ह,ै के मामल े म(cid:29) अिधसूचना स:ं य ा 6/17/2018-डीजीएडी, (cid:4)दनांक 5 नव; बर, 2019 के तहत भारत के राजपA असाधारण, के भाग , खंड 1 म(cid:29) 8कािशत अपन े अंितम िनCक षD म (cid:29) I िनEदC ट 8ािधकारी इस िनण*य पर पGचं ते ह (cid:15)(cid:4)क – (i) मैसस* एसईआई थाई इलैि4Hक कंड4ट र कंपनी िलिमटेड, थाईलड(cid:15) से Gए िनया*त को छोड़कर उ4त िवषयगत व-त ु का िवषयगत दशे " से भारत को आ$थक सहायता 8ाKत म(cid:6)ू य पर िनया*त (cid:4)कया गया था; 155 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] (ii) िवषयगत व-त ु के आ$थक सहायता 8ाKत म(cid:6)ू य पर िनया*त (cid:4)कए जाने के कारण यहां के घरेल ू उMोग को सारवान Nित Gई ह;ै (iii) उ4 त सारवान Nित उ4 त िवषयगत देश" म (cid:29) मूलत: उ)प ा(cid:4)दत या वहां स े िनया*ितत िवषयगत व-त ु के आ$थक सहायता 8ाK त आयात के कारण Gई ह;ै और उ(cid:28) ह"न े िवषयगत दशे " म (cid:29) मूलत: उ)प ा(cid:4)दत या वहां स े िनया*ितत िवषयगत व-त ु के आयात पर िन(cid:25)च या)म क ‘काउंटरवेPलग Qूटी’ लगान े क7 िसफा2रश क7 ह ै । अत: अब सीमा श(cid:6)ु क टै2रफ (आ$थक सहायता 8ाKत व-त ुT क7 पहचान, उनका आकं लन और उन पर काउंटरवेPलग Qूटी का सUं हण तथा Nित िनधा*रण) िनयमावली, 1995 के िनयम 20 और 22 के साथ प2ठत सीमा शु(cid:6) क टै2रफ अिधिनयम क7 धारा 9 क7 उप धारा (1) और (6) के तहत 8द)त शिXय" का 8योग करते Gए के(cid:28)Y सरकार, उ4 त िनEदC ट 8ािधकारी के अंितम िनC कषD पर िवचार करन े के प(cid:25)च ात, एतZारा, िवषयगत व-त ु पर, िजसका िववरण नीचे सारणी के कॉलम (3) म(cid:29) िनEदC ट ह,ै जो (cid:4)क उ4त सारणी के कॉलम (2) क7 त)स ंबंधी 8िवि[ म(cid:29) िनEदCट सीमा शु(cid:6)क टै2रफ अिधिनयम क7 8थम अनसु ूची के शीष*क के अंतग*त आती ह,ै कॉलम (4) क7 त)स ंबंधी 8िवि[ म(cid:29) िविनEदCट देश" म (cid:29) मूलत: उ) पा(cid:4)दत ह,ै कॉलम (5) क7 त) संबंधी 8िवि[ म (cid:29) िनEदCट देश" से िनयाि* तत ह,ै कॉलम (6) क7 त)स ंबंधी 8िवि[ म (cid:29) िनEदC ट उ) पादक" से उ) पा(cid:4)दत ह ै और भारत म(cid:29) आयाितत ह,ै पर कॉलम (7) म(cid:29) उि(cid:6)लिखत दर से संगिणत ‘काउंटरवेPलग Qूटी’ लगाती ह,ै यथा - सारणी ^.सं. शीष*क व- त ु का मूलत: उ)प ादन का िनया*तक दशे उ)प ादक शु(cid:6)क क7 रािश, िववरण देश अवतरण म(cid:6)ू य के % के ‘प म(cid:29) (1) (2) (3) (4) (5) (6) (7) 1. 7408 का(cid:28) टी(cid:28) यअु स थाईलड(cid:15) थाईलड(cid:15) समेत कोई एसईआई थाई शू(cid:28)य का- ट कापर भी देश इलैि4Hक कंड4ट र वायर रॉ/स कंपनी िलिमटेड, थाईलड(cid:15) 2. -तदैव- -तदैव- थाईलड(cid:15) थाईलड(cid:15) समेत कोई ^म सं:य ा 1 म (cid:29) 3.46% भी देश उि(cid:6)लिखत से िभ(cid:28)न कोई भी उ)प ादक 3. -तदैव- -तदैव- थाईलड(cid:15) , थाईलड(cid:15) कोई भी 3.46% इंडोनेिशया, मलेिशया और िवयतनाम से िभ(cid:28) न कोई भी दशे 4. -तदैव- -तदैव- इंडोनेिशया इंडोनेिशया समेत पीटी. टे;ब ागा मूिलया 3.75% कोई भी देश िसमानन, टीबीके 5. -तदैव- -तदैव- इंडोनेिशया इंडोनेिशया समेत पीटी. काया*सुिमदेन, 4.98%¹भाग IIµख(cid:2) ड 3 (i)º भारत का राजप(cid:12) : असाधारण 3 कोई भी देश इंडोनेिशया 6. -तदैव- -तदैव- इंडोनेिशया इंडोनेिशया समेत ^म सं:य ा 4 और 5 7.94% कोई भी देश म(cid:29) उि(cid:6)लिखत उ)प ादक से िभ(cid:28)न कोई भी उ)प ादक 7. -तदैव- -तदैव- थाईलड(cid:15) , इंडोनेिशया कोई भी 7.94% इंडोनेिशया, मलेिशया और िवयतनाम से िभ(cid:28)न कोई भी देश 8. -तदैव- -तदैव- मलेिशया मलेिशया समेत कोई मैHोड मलेिशया 2.47% भी देश एडीएनबीएचडी 9. -तदैव- -तदैव- मलेिशया मलेिशया समेत कोई ^म सं:य ा 8 म (cid:29) 10.27% भी देश उि(cid:6)लिखत उ)प ादक स े िभ(cid:28)न कोई भी उ)प ादक 10. -तदैव- -तदैव- थाईलड(cid:15) , मलेिशया कोई भी 10.27% इंडोनेिशया, मलेिशया और िवयतनाम से िभ(cid:28) न कोई भी दशे 11. -तदैव- -तदैव- िवयतनाम िवयतनाम समेत कोई भी 7.13% कोई भी देश 12. -तदैव- -तदैव- थाईलड(cid:15) , िवयतनाम कोई भी 7.13% इंडोनेिशया, मलेिशया और िवयतनाम से िभ(cid:28) न कोई भी दशे 2. इस अिधसूचना के अंतगत* लगाई गई ‘काउंटरवेPलग Qूटी’ सरकारी राजपA म(cid:29) इस अिधसूचना के राजपA म (cid:29) 8काशन क7 तारीख से पांच वष * क7 अविध तक य(cid:4)द इससे पहल े इस े वापस नहa िलया जाता ह)ै , इसका अिध^मण नहa (cid:4)कया जाता ह,ै या इसम(cid:29) संशोधन नहa होता ह ै तोलाग ू रहगे ी और इसका भुगतान भारतीय मुYा म(cid:29) करना होगा । - पC टीकरण -: के िलएइस अिधसूचना के उbे(cid:25)य –4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] (क) ऐसी काउंटरवेPलग Qूटी क7 सगं णना के उbे(cid:25)य से लाग ू होने वाली िविनमय दर वही दर होगी जो (cid:4)क सीमा शु(cid:6) क अिधिनयम, 1962 (1962 का 52) क7 धारा - शिXय" का 8योग करत े Gए समयके तहत 8द)त 14 समय पर जारी क7 गई भारत सरकार, िव)त मंAालय क7 ( िवभागराज-व )अिधसूचना म(cid:29) िविनEदCट हो और िविनमय दर के िनधा*रण क7 सगं त तारीख वही तारीख होगी जो उ4त अिधिनयम क7 धारा के अतं गत* 46 िबल ऑफ इंHी को 8- तुत (cid:4)कए जाने क7 तारीख होगी । (ख) “अवतरण म(cid:6)ू य” से अिभ8ाय सीमा शु(cid:6)क अिधिनयम, 1962 (1962 का 52) के अतं गत* यथा िनधा*2रत आंकलन योe य म(cid:6)ू य स े ह ै और इसम(cid:29) उ4त अिधिनयम क7 धारा 3, 3क, 8ख, 9 और 9क के अतं ग*त आन े वाल े शु(cid:6) क को छोड़कर सभी 8कार के सीमा शु(cid:6)क शािमल ह (cid:15)। [फा. सं. 354/121/2019 – टीआरय]ू गौरव Pसह, उप सिचव MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION New Delhi, the 8th January, 2020 No. 1/2020-Customs (CVD) G.S.R. 18(E).—Whereas, in the matter of “Continuous Cast Copper Wire Rods” (hereinafter referred to as the subject goods) falling under heading 7408 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 Indonesia, Malaysia, Thailand and Vietnam (hereinafter 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. 6/17/2018- DGAD dated the 5th November, 2019 has come to the conclusion that- (i) the subject goods have been exported to India from subject countries at subsidized prices except exports from M/s SEI Thai Electric Conductor Co. Ltd., Thailand; (ii) the domestic industry has suffered material injury due to subsidization of the subject goods; (iii) the material injury has been caused by the subsidized imports of the subject goods originating in or exported from the subject countries; and has recommended the imposition of definitive countervailing 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 (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 heading 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 column¹भाग IIµख(cid:2) ड 3 (i)º भारत का राजप(cid:12) : असाधारण 5 (5), produced by the producers as specified in the corresponding entry in column (6), and imported into India, countervailing duty calculated at the rate mentioned in column (7) of the said Table, namely:- TABLE S. Heading Description Country of Country of Producer Duty amount as % No. of Goods Origin Export of landed value (1) (2) (3) (4) (5) (6) (7) 1. 7408 Continuous Thailand Any country SEI Thai NIL Cast Copper including Electric Wire Thailand Conductor Co. Ltd 2. -do- -do- Thailand Any country Any producer 3.46% including other than Thailand producer mentioned in S. No. 1 3. -do- -do- Any country Thailand Any 3.46% other than Thailand, Indonesia, Malaysia and Vietnam 4. -do- -do- Indonesia Any country PT. Tembaga 3.75% including Mulia Indonesia Semanan, Tbk 5. -do- -do- Indonesia Any country PT. Karya 4.98% including Sumiden Indonesia Indonesia 6. -do- -do- Indonesia Any country Any producer 7.94% including other than Indonesia producer mentioned in S. Nos. 4 and 5 7. -do- -do- Any country Indonesia Any 7.94% other than Thailand, Indonesia, Malaysia and Vietnam 8. -do- -do- Malaysia Any country Metrod 2.47% including Malaysia Sdn Malaysia Bhd 9. -do- -do- Malaysia Any country Any producer 10.27% including other than Malaysia producer mentioned in S. No. 86 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] 22. -do- -do- Any country Malaysia Any 10.27% other than Thailand, Indonesia, Malaysia and Vietnam 23. -do- -do- Vietnam Any country Any 7.13% including Vietnam 24. -do- -do- Any country other Vietnam Any 7.13% than Thailand, Indonesia, Malaysia and Vietnam 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 - (a) The 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. (b) “Landed value” means the assessable value determined under the Customs Act, 1962 (52 of 1962) and includes all duties of customs except duties under sections 3, 3A, 8B, 9 and 9A of the said Act. [F. No. 354/121/2019-TRU] GAURAV SINGH, Dy. 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.

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