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GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF
REVENUE)
Notification No. 31/2020-Customs
New Delhi dated the 13th July, 2020
G.S.R …..(E).— Whereas in the matter concerning imports of “Polybutadiene Rubber”
(hereinafter referred to as the subject goods) falling under tariff item 4002 20 00 of the First
Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs
Tariff Act), the Director General of Trade Remedies (hereinafter referred to as the Authority)
initiated an investigation in terms of the India-Korea Comprehensive Economic Partnership
Agreement (Bilateral Safeguard Measures) Rules, 2017 (hereinafter referred to as the said rules)
vide initiation notification under F.No.22/7/2019-DGTR, dated the 7th November, 2019
published in the Gazette of India, Extraordinary dated the 7th November, 2019 in order to
determine whether the imports of the subject goods from Korea RP constitute increased imports
and whether the increased imports have caused or are threatening to cause serious injury to the
domestic industry.
And whereas, in the preliminary findings of the Bilateral Safeguard investigation issued
vide F.No.22/7/2019-DGTR, dated the 12th May, 2020, published in the Gazette of India,
Extraordinary dated the 12th May, 2020, the Authority has provisionally concluded that-
(i) the domestic industry has suffered serious injury as a result of duty concessions granted to
Korean imports leading to increased imports of the subject goods from Korea at low prices;
(ii) that injury to the domestic industry has been caused by the increased Korean imports and
there is a causal link between increased imports of subject goods from Korea and serious
injury to the domestic industry;
(iii) the factors present constitute critical circumstances and are affecting the overall
performance of the domestic industry, justifying imposition of provisional bilateral
safeguard measure,
and has recommended imposition of the provisional bilateral safeguard measure of
increasing the rate of customs duty on subject goods originating in Korea RP imported under
the Comprehensive Economic Partnership Agreement between the Republic of India and the
Republic of Korea (hereinafter referred to as the Trade Agreement), to the level of Most
Favoured Nation duty on the subject goods as on the date of application of the bilateral safeguard
measure or Most Favoured Nation duty on the subject goods on the day immediately preceding
the date of entry into force of the Trade Agreement, whichever is less, for a period of 200 days.
Now, therefore, in exercise of the powers conferred by sub-section (1) of section 25 of
the Customs Act, 1962 (52 of 1962) read with rule 9 of the said rules, the Central Government,
on being satisfied that it is necessary in the public interest so to do, hereby makes the following
further amendments in the notification of the Government of India in the Ministry of Finance
(Department of Revenue), No.152/2009-Customs, dated the 31st December, 2009, published in
the Gazette of India, vide number G.S.R. 943 (E), dated the 31st December, 2009, namelyIn the said notification, -
(i) in the Table, after serial number 342 and the entries relating thereto, the following serial
numbers and entries shall be inserted, namely: -
| (1) |
(2) |
(3) |
(4) |
| “342A |
400220 |
All goods |
10.00”;
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(ii) After the first proviso, the following proviso shall be inserted, namely-
“Provided further that, to give effect to the provisional bilateral safeguard measure, as
recommended by the Director General of Trade Remedies, -
(a) nothing contained in serial number 342 and entries relating thereto in the said Table
shall have effect up to and inclusive of the 28th day of January 2021, and
(b) the entries contained in serial number 342A in the said Table shall have effect up to
and inclusive of the 28th day of January 2021;
unless revoked, superseded or amended earlier.”.
[F. No.354/53/2020-TRU]
(Jainendra Singh Kandhari)
Deputy Secretary to the Government of India
Note: The principal notification No. 152/2009-Customs, dated the 31st December, 2009 was published in
the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i), vide number G.S.R. 943 (E), dated
the 31st December, 2009 and was last amended vide notification No. 29/2020-Customs, dated the 6th July,
2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i), vide number
G.S.R. 430 (E), dated the 6th July, 2020.
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