Anti-subsidy Duty on Continuous Cast Copper Wire Rods from Indonesia (3.75% to 7.94%), Malaysia (2.47%, 10.27%), Thailand (3.46%) and Vietnam (7.13%) Notified

[Notification No. 1/2020-Customs (CVD) dated 8 January 2020]

G.S.R. (E). -Whereas, in the matter of “Continuous Cast Copper Wire Rods” (hereinafter referred to as the subject goods) falling under heading 7408 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), (hereinafter referred to as the Customs Tariff Act), originating in or exported from Indonesia, Malaysia, Thailand and Vietnam (hereinafter referred to as the subject countries), and imported into India, the Designated Authority in its final findings, published in the Gazette of India, Extraordinary, Part I, Section 1, vide notification No. 6/17/2018-DGAD dated the 5th November, 2019 has come to the conclusion that-

(i) the subject goods have been exported to India from subject countries at subsidized prices except exports from M/s SEI Thai Electric Conductor Co. Ltd., Thailand;

(ii) the domestic industry has suffered material injury due to subsidization of the subject goods;

(iii) the material injury has been caused by the subsidized imports of the subject goods originating in or exported from the subject countries;

and has recommended the imposition of definitive countervailing duty on imports of the subject goods originating in, or exported, from the subject countries.

Now, therefore, in exercise of the powers conferred by sub-sections (1) and (6) of section 9 of the Customs Tariff Act, read with rules 20 and 22 of the Customs Tariff (Identification, Assessment and Collection of Countervailing Duty on Subsidized Articles and for Determination of Injury) Rules, 1995, the Central Government, after considering the aforesaid final findings of the designated authority, hereby imposes on the subject goods, the description of which is specified in column (3) of the Table below, falling under heading of the First Schedule to the Customs Tariff Act as specified in the corresponding entry in column (2), originating in the countries as specified in the corresponding entry in column (4), exported from the countries as specified in the corresponding entry in column (5), produced by the producers as specified in the corresponding entry in column (6), and imported into India, countervailing duty calculated at the rate mentioned in column (7) of the said Table, namely:-

Table
S. No.	Heading	Description of Goods	Country of Origin	Country of Export	Producer	Duty amount as % of landed value
(1)	(2)	(3)	(4)	(5)	(6)	(7)
1.	7408	Continuous Cast Copper Wire	Thailand	Any country including Thailand	SEI Thai Electric Conductor Co. Ltd	NIL
2.	-do-	-do-	Thailand	Any country including Thailand	Any producer other than producer mentioned in S. No. 1	3.46%
3.	-do-	-do-	Any country other than Thailand, Indonesia, Malaysia and Vietnam	Thailand	Any	3.46%
4.	-do-	-do-	Indonesia	Any country including Indonesia	PT. Tembaga Mulia Semanan, Tbk	3.75%
5.	-do-	-do-	Indonesia	Any country including Indonesia	PT. Karya Sumiden Indonesia	4.98%
6.	-do-	-do-	Indonesia	Any country including Indonesia	Any producer other than producer mentioned in S. Nos. 4 and 5	7.94%
7.	-do-	-do-	Any country other than Thailand, Indonesia, Malaysia and Vietnam	Indonesia	Any	7.94%
8.	-do-	-do-	Malaysia	Any country including Malaysia	Metrod Malaysia Sdn Bhd	2.47%
9.	-do-	-do-	Malaysia	Any country including Malaysia	Any producer other than producer mentioned in S. No. 8	10.27%
10.	-do-	-do-	Any country other than Thailand, Indonesia, Malaysia and Vietnam	Malaysia	Any	10.27%
11.	-do-	-do-	Vietnam	Any country including Vietnam	Any	7.13%
12.	-do-	-do-	Any country other than Thailand, Indonesia, Malaysia and Vietnam	Vietnam	Any	7.13%

2. The countervailing duty imposed under this notification shall be levied for a period of five years (unless revoked, superseded or amended earlier) from the date of publication of this notification in the Official Gazette and shall be payable in Indian currency.

3. Notwithstanding anything contained in paragraph 2, the countervailing duty shall remain in force up to and inclusive of the 7th July, 2025, unless revoked, superseded or amended earlier.

[06-CVD/04.10.2024 – Para 3 inserted]

Explanation. – For the purposes of this notification -

(a) The rate of exchange applicable for the purposes of calculation of such countervailing duty shall be the rate which is specified in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), issued from time to time, in exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and the relevant date for the determination of the rate of exchange shall be the date of presentation of the bill of entry under section 46 of the said Act.

(b) “Landed value” means the assessable value determined under the Customs Act, 1962 (52 of 1962) and includes all duties of customs except duties under sections 3, 3A, 8B, 9 and 9A of the said Act.

[F. No. 354/121/2019-TRU]