Central Government countervailing duty imposed on the tariff 40112010 and 40118000 for a period of five years (unless revoked, superseded or amended earlier) - 03/2024 - Countervailing Duty
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Countervailing duty continuation on subsidized tyre imports from China PR to remain in force, with prescribed application and calculation rules. Definitive countervailing duty is continued and imposed on new/unused pneumatic radial tyres under tariff items 40112010 and 40118000 when the product description matches, targeting imports originating in or exported from China PR. The designated authority found continuing countervailable subsidies, limited quantification due to non-cooperation, and a likelihood of injury if duties ceased. The Central Government, under section 9 of the Customs Tariff Act and relevant rules, prescribes the duty rate on CIF value, requires payment in Indian currency, sets exchange rate determination by bill of entry date, and limits application to specified descriptions and export/origin scenarios.
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Countervailing duty continuation on subsidized tyre imports from China PR to remain in force, with prescribed application and calculation rules.
Definitive countervailing duty is continued and imposed on new/unused pneumatic radial tyres under tariff items 40112010 and 40118000 when the product description matches, targeting imports originating in or exported from China PR. The designated authority found continuing countervailable subsidies, limited quantification due to non-cooperation, and a likelihood of injury if duties ceased. The Central Government, under section 9 of the Customs Tariff Act and relevant rules, prescribes the duty rate on CIF value, requires payment in Indian currency, sets exchange rate determination by bill of entry date, and limits application to specified descriptions and export/origin scenarios.
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