[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
GOVERNMENT OF INDIA
3/2016-Customs(SG), Dated: November 23, 2016
Whereas, in the matter of import of "Hot Rolled flat sheets and plates (excluding hot rolled flat products in coil form) of alloy or non-alloy steel having nominal thickness less than or equal to 150mm and nominal width of greater than or equal to 600mm" (hereinafter referred to as the subject goods), falling under heading 7208 or tariff items 7225 40 13, 7225 40 19, 7225 40 20, 7225 40 30 and7225 99 00 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs Tariff Act), the Director General (Safeguard), in his final findings, published vide number G.S.R. 759(E), dated the 2nd August, 2016 in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated the 2nd August, 2016 had come to the conclusion that increased imports of subject goods into India has caused and threatened to cause serious injury to the domestic producers of subject goods, thereby necessitating the imposition of safeguard duty on imports of the subject goods into India;
Now, therefore, in exercise of the powers conferred by sub-section (1) of section 8B of the Customs Tariff Act, read with rules 12, 14 and 17 of the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997, the Central Government, after considering the said findings of the Director General (Safeguards), hereby imposes on subject goods falling under heading 7208 or tariff items 7225 40 13, 7225 40 19, 7225 40 20, 7225 40 30 and7225 99 00 of the First Schedule to the Customs Tariff Act, when imported into India, a safeguard duty at the following rate, namely:-
2. Nothing contained in this notification shall apply to imports of subject goods from countries notified as developing countries under clause (a) of sub-section (6) of section 8B of the Customs Tariff Act, except People’s Republic of China, Ukraine and Indonesia.
Explanation 1. The following are not included in the scope of subject goods:
Explanation 2. For the purpose of this notification "import price on CIF basis" means the assessable value as determined under section 14 of the Customs Act, 1962 (52 of 1962).".