|19 Apr 2016||Initiation|
ANNOUNCED AS TEMPORARYNo
On 19 April 2016, the Indian Directorate General of Safeguards, Customs and Central Excise initiated a safeguard investigation on imports of unwrought aluminum. The products subject to investigation are classified under the following HS code: 7601. This investigation follows the application lodged by Vedanta limited - Aluminium & Power; Bharat Aluminium Company Ltd.; and Hindalco Industries Limited.
On 21 April 2016, the Indian Directorate General of Safeguards, Customs and Central Excise issued its preliminary findings and recommended the imposition of provisional safeguard duty on the above products. The amount of recommended duty is 5% ad-volume (minus anti-dumping duties if applicable) for a period of 200 days.
Affected trading partners are identified based on UN Comtrade's import data from 2014.
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