Rescind the anti-dumping duty imposed on imports of “High Speed Steel of Non-Cobalt Grade


Quick Summary
The Government of India, through the Ministry of Finance, has issued a notification to rescind the anti-dumping duty previously imposed on imports of 'High Speed Steel of Non-Cobalt Grade'. This decision effectively removes the duty that was put in place in September 2019. The rescission is effective immediately, except for any actions taken before this new notification.

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
Notification No. 6/2022-Customs (ADD)
New Delhi, the 1st February, 2022

G.S.R. ---(E). - In exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the Customs Tariff Act, 1975 (51 of 1975), read with rules 18 and 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, the Central Government hereby rescinds the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 38/2019-Customs (ADD), dated the 25th September, 2019, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G. S. R. 691 (E), dated the 25th September, 2019, except as respect things done or omitted to be done before such rescission.

[F.No. 334/01/2022-TRU]
(Nitish Karnatak)
Under Secretary to Government of India

Note: The principal notification No. 38/2019-Customs (ADD), dated the 25th September, 2019, published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i) vide number G. S. R. 691 (E), dated the 25th September, 2019 and was last amended vide notification No. 56/2021-Customs (ADD), dated the 30th September, 2021, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.682(E), dated the 30th September, 2021.

FAQ :

This notification rescinds the anti-dumping duty imposed on imports of 'High Speed Steel of Non-Cobalt Grade'.

The original anti-dumping duty was imposed via notification No. 38/2019-Customs (ADD) on 25th September, 2019.

The purpose of this notification is to formally cancel or revoke the previously imposed anti-dumping duty on specific types of high-speed steel.

The rescission applies to future actions, and does not affect things that were done or omitted to be done before the date of this rescission.

This notification was issued by the Government of India, Ministry of Finance (Department of Revenue).

 

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Notification No : 6/2022-Customs (ADD)
Published in Custom
Source : https://www.indiabudget.gov.in/doc/cen/cusadd0622.pdf

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