Government of India
Ministry of Finance
(Department of Revenue)
Notification
No. 2/2015-Customs (SG)
New Delhi, the 14th September, 2015
G.S.R. (E). - Whereas, in the matter of import of "Hot-rolled flat products of
non-alloy
and other alloy Steel in coils of a width of 600 mm or more” (hereinafter
referred to as the
subject goods), falling under heading 7208 or tariff item 7225 30 90 of the
First Schedule to the
Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs
Tariff Act), the
Director General (Safeguard), in his preliminary findings, published vide number
G.S.R. 690 (E),
dated the 9th September, 2015, in the Gazette of India, Extraordinary, Part II,
Section 3, Subsection
(i), dated the 9th September, 2015, has come to the conclusion that increased
imports of
subject goods into India has caused and threatened to cause serious injury to
the domestic
industry/producers of subject goods, and any delay in application for
provisional Safeguard duty
would cause damage which would be difficult to repair, necessitating the
imposition
of provisional safeguard duty on imports of subject goods into India, and
accordingly has
recommended the imposition of provisional safeguard duty on imports of the
subject goods into
India;
Now, therefore, in exercise of the powers conferred by sub-section (2) of
section 8B of the
said Customs Tariff Act, read with rules 10 and 14 of the Customs Tariff
(Identification and
Assessment of Safeguard Duty) Rules, 1997, the Central Government after
considering the said
findings of the Director General (Safeguards), hereby imposes on subject goods
falling under
heading 7208 or tariff item 7225 30 90 of the First Schedule to the Customs
Tariff Act, when
imported into India, a provisional safeguard duty at the rate of twenty per
cent. ad valorem.
2. The safeguard duty imposed under this notification shall be effective for a
period of two
hundred days (unless revoked, superseded or amended earlier) from the date of
publication of
this notification in the Official Gazette.
Explanation: The following are not included in the scope of subject goods:
- Hot-rolled flat products of steel with nominal width less than 600mm;
- API grade steel;
- Silicon electrical steel;
- Hot-rolled flat products of steel of spring steel quality;
- Hot-rolled flat products of steel which are electrolytically plated or coated
with zinc;
- Hot-rolled flat products of steel otherwise plated or coated with zinc; and
- Hot-rolled flat products of stainless steel.
[F.No.354/219/2015-TRU]
(Akshay Joshi)
Under Secretary to the Government of India
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