Guidance

Suspending countervailing duties on certain steel products (anti-dumping duty 2428)

Published 9 October 2020

The Commission announced, in Regulation number 2019/1382, OJ ref.L227 dated 3 September 2019, that where the 25% safeguard duty becomes payable (because the quota is exhausted) on certain steel imports in chapters 72 and 73 of the Tariff, any anti-dumping or countervailing duty also in force will be adjusted or suspended as appropriate, with immediate effect.

As a consequence of the exhaustion of quota 098871, the countervailing duty on stainless steel bars and rods originating in India will be suspended from 24 September 2020 to 30 September 2020 as follows:

Commodity codes:

  • 7222 2021 00
  • 7222 2029 00
  • 7222 2031 00
  • 7222 2039 00
  • 7222 2081 00
  • 7222 2089 00
Country Company TARIC additional code Original countervailing duty rate Rate when quota is exhausted
India Chandan Steel Ltd, Mumbai B002 3.4% 0.00%
India Venus Wire Industries Pvt. Ltd, Mumbai,
Precision Metals, Mumbai,
Hindustan Inox Ltd, Mumbai,
Sieves Manufacturer India Pvt, Mumbai
B003 3.3% 0.00%
India Viraj Profiles Limited, Palghar,
Maharashtra and Mumbai, Maharashtra
B004 0.00% 0.00%
India Ambica Steel Ltd B005 4.00% 0.00%
India Bhansali Bright Bars Pvt. Ltd B005 4.00% 0.00%
India Chase Bright Steel Ltd B005 4.00% 0.00%
India D.H. Exports Pvt. Ltd B005 4.00% 0.00%
India Facor Steels Ltd B005 4.00% 0.00%
India Global Smelters Ltd B005 4.00% 0.00%
India Indian Steel Works Ltd B005 4.00% 0.00%
India Jyoti Steel Industries Ltd B005 4.00% 0.00%
India Laxcon Steels Ltd B005 4.00% 0.00%
India Meltroll Engineering Pvt. Ltd B005 4.00% 0.00%
India Mukand Ltd B005 4.00% 0.00%
India Nevatia Steel & Alloys Pvt. Ltd B005 4.00% 0.00%
India Panchmahal Steel Ltd B005 4.00% 0.00%
India Raajratna Metal Industries Ltd B005 4.00% 0.00%
India Rimjhim Ispat Ltd B005 4.00% 0.00%
India Sindia Steels Ltd B005 4.00% 0.00%
India SKM Steels Ltd B005 4.00% 0.00%
India Parkh Bright Bars Pvt. Ltd B005 4.00% 0.00%
India Shah Alloys Ltd B005 4.00% 0.00%
India All other companies B999 4.00% 0.00%

CHIEF was updated at 10:39pm 29 September 2020. Post clearance action may be necessary.

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