Customs--Notification (SG)
Notification No. 01/2025-Customs (SG), dtd. 21-4-2025 [F.No. 190354/42/2025-TRU]
To Impose Safeguard Duty on "Non-Alloy and Alloy Steel Flat Products"
G.S.R. (E). - Whereas, in the matter of import of "Non-Alloy and Alloy Steel Flat Products", namely (a) Hot Rolled coils, sheets and plates, (b) Hot Rolled Plate MIII Plates, (c) Cold Rolled coils and sheets, (d) Metallic Coated Steel coils and sheets, whether or not profiled, including Galvanneal, Coated with Zinc or Aluminium-Zinc or Zinc-Aluminium-Magnesium, and (e) Colour Coated coils and sheets, whether or not profiled (hereinafter referred to as the subject goods), falling under tariff headings 7208, 7209, 7210, 7211, 7212, 7225 and 7226 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs Tariff Act), the Director General (Trade Remedies) in his preliminary findings vide notification No. 22/01/2024-DGTR, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 18th March 2025, has provisionally concluded that :
i. there is a recent, sudden, sharp, and significant increase in imports of subject goods into India, causing and threaten to cause serious injury to the domestic industry/producers of subject goods;
ii. there exist critical circumstances, where any delay in application of provisional safeguard measures would cause damage which would be difficult to repair;
iii. there is a necessity for immediate application of provisional safeguard measures,
and has accordingly 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 (5) of section 8B of the Customs Tariff Act, read with rules 10 and 14 of the Customs Tariff (Identification and Assessment of Safeguard Measures) Rules, 1997, the Central Government after considering the said findings of the Director General (Trade Remedies), hereby imposes on subject goods falling under tariff headings 7208, 7209, 7210, 7211, 7212, 7225 and 7226 of the First Schedule to the Customs Tariff Act, when imported into India, a provisional safeguard duty at the rate of twelve per cent ad valorem.
2.The safeguard duty shall not be imposed on the product categories as specified in the corresponding entry in column (2) of the Table below, when imported into India, at or above the import price on CIF basis as mentioned in the corresponding entry in column (3), in the currency as specified in the corresponding entry in column (5) and as per unit of measurement as specified in the corresponding entry in column (4) of the said Table, namely :-