CVD on “Aluminium Wire in coil form/Wire Rod in coil form having diameter ranging from 9 mm to 13 mm" exported from Malaysia for a period of 5 years.

Last updated: 25 September 2021

 Notice Date : 24 September 2021

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)

Notification No. 04/2021-Customs (CVD)

New Delhi, the 24th September, 2021

G.S.R. 662(E). - Whereas, in the matter of “Aluminium Wire in coil form/Wire Rod in coil form having diameter ranging from 9 mm to 13 mm” (hereinafter referred to as the subject goods) falling under tariff heading 76011040, 76012040, 7604 1010, 76042920, 76051100 and 76052100 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), (hereinafter referredto as the Customs Tariff Act), originating in or exported from, Malaysia (hereinafter referred to as thesubject country), 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. 6/23/2020-DGTR, dated the 28th June, 2021 has come to the conclusion that-

(i) the subject goods have been exported to India from subject country at subsidised value, thus resulting in subsidisation of the product;

(ii) the domestic industry has suffered material injury due to subsidisation of the subject goods;

(iii) the material injury has been caused by the subsidised imports of the subject goods originating in or exported from the subject country,

and has recommended the imposition of definitive countervailing duty on imports of the subject goods originating in, or exported, from the subject country.

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 Subsidised 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 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 column (5), produced by the producers as specified in the corresponding entry in column (6), countervailing duty at the rate mentioned in column (7) of the said Table, namely:-

Table

S. No. Heading/ Sub-
Heading
Description of
Goods
Country
of
Origin
Country
of 
Export
Producer Duty
amount as
a % of
CIF
Value
(1) (2) (3) (4) (5) (6) (7)
1. 76011040, 76012040, 76041010, 76042920, 76051100 and 76052100 Aluminium
Wire in coil
form/Wire Rod in coil form havingdiameter ranging from 9mm to 13mm
Malaysia Any country including Malaysia Press Metal Bintulu Sdn. Bhd. 6.8669%
2. -do- -do- Malaysia Any country including Malaysia Press Metal Aluminium Rods Sdn. Bhd. 6.8669%
3. -do- -do- Malaysia Any country including Malaysia Any producer other than producers mentioned in S. No. 1 and 2 above 16.4874%
4. -do- -do- Any Country other than Malaysia Malaysia Any 16.4874%

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.

[F.No. CBIC-190354/185/2021-TO(TRU-I)-CBEC]

(J. S. Kandhari)
Deputy Secretary to the Government of India

 

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