Seeks to confirm the provisional Bilateral Safeguard measure on imports of Phthalic Anhydride originating in Korea RP under the India-Korea Comprehensive Economic Partnership Agreement, and to further amend notification no. 152/2009 dated 31.12.2009 to modify the rate of duty of customs on said imports, on recommendation of final findings of Directorate General of Trade Remedies under the India-Korea Comprehensive Economic Partnership Agreement (Bilateral Safeguard Measures) Rules, 2017 - 01/2021 - Customs -Tariff
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Bilateral safeguard confirmation increases customs duty on polybutadiene rubber imports from Korea with exclusions and time limits. The Central Government confirms the provisional bilateral safeguard measure on imports of Polybutadiene Rubber originating in Korea under the India-Korea CEPA, and amends the principal Customs notification to insert serial number 342C for tariff item 400220 (Polybutadiene Rubber excluding titanium and lithium grades) with a specified customs duty rate. The amendment revises the proviso to provide time-limited application windows for affected table entries, implementing the Authority's final findings that increased imports caused and threatened serious injury and that a causal link exists to CEPA duty reductions.
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Bilateral safeguard confirmation increases customs duty on polybutadiene rubber imports from Korea with exclusions and time limits.
The Central Government confirms the provisional bilateral safeguard measure on imports of Polybutadiene Rubber originating in Korea under the India-Korea CEPA, and amends the principal Customs notification to insert serial number 342C for tariff item 400220 (Polybutadiene Rubber excluding titanium and lithium grades) with a specified customs duty rate. The amendment revises the proviso to provide time-limited application windows for affected table entries, implementing the Authority's final findings that increased imports caused and threatened serious injury and that a causal link exists to CEPA duty reductions.
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