|31 Jan 2022||Termination|
|01 Aug 2021||Extended duty|
|28 Jul 2021||Review|
|09 Oct 2017||Definitive duty|
|02 Nov 2016||Preliminary duty|
|02 Jun 2016||Initiation|
ANNOUNCED AS TEMPORARYYes
On 2 June 2016, the Indian Directorate General of Anti-dumping & Allied Duties, Ministry of Commerce and Industry, initiated an antidumping investigation on imports of certain wire rods of alloy and non-alloy steel from China. The products subject to investigation are classified under the following HS code: 7213 and 7227, however excluding 7213.10.90 and 7227.10.00. This investigation follows the application lodged by Steel Authority of India Limited, Rashtriya Ispat Nigam Limited, Usha Martin Limited and JSW Steel Limited.
On 2 November 2016, the Indian Ministry of Finance imposed a provisional antidumping duty on the subject goods from China (Notification No. 51/2016-Customs (ADD)). The amount of the duty is USD 499 or 538 per tonne depending on the company. The provisional duty is in force for a period of six months.
On 9 October 2017, the Indian Ministry of Finance, Department of Revenue imposed a definitive antidumping duty on the subject good from China. The rate of duty is USD 535 or 546 per tonne. The duty is in force for a period of five years from the original imposition.
On 28 July 2021, the Indian authorities initiated a sunset review of the definitive antidumping duty imposed on imports of the subject goods from China. This follows the application lodged by Indian Steel Association.
On 1 August 2021, the Department of Revenue of India extended the definitive duty on imports of the subject good from China until 31 January 2022 following the initiation of the sunset review.
On 7 February 2022, the Ministry of Finance's Tax Research Unit issued an Office Memorandum declaring that the central government will not follow the published final recommendations issued by the Department of Commerce's Directorate General of Trade Remedies. The Directorate General of Trade Remedies issues their final findings of the antidumping case on 28 October 2021 recommending the extension of definitive duties. The definitive duty was set to expire on 31 January 2022 unless revoked.
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