Safeguard duty on non-alloy and alloy steel flat products imposes provisional ad valorem duty with price-based exemptions and country exclusions. A provisional safeguard duty is imposed on imports of specified Non-Alloy and Alloy Steel Flat Products under listed Customs Tariff headings, based on provisional findings of surge in imports causing or threatening serious injury and existence of critical circumstances. The duty, at a stated ad valorem rate, applies for a limited period and is payable in Indian currency. Exemptions apply where import price on CIF meets specified USD per metric ton thresholds for listed product categories. Imports from developing countries are excluded except for two named origins, and a detailed list of excluded products and rules for exchange rate and assessable value govern calculation of the duty.
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Safeguard duty on non-alloy and alloy steel flat products imposes provisional ad valorem duty with price-based exemptions and country exclusions.
A provisional safeguard duty is imposed on imports of specified Non-Alloy and Alloy Steel Flat Products under listed Customs Tariff headings, based on provisional findings of surge in imports causing or threatening serious injury and existence of critical circumstances. The duty, at a stated ad valorem rate, applies for a limited period and is payable in Indian currency. Exemptions apply where import price on CIF meets specified USD per metric ton thresholds for listed product categories. Imports from developing countries are excluded except for two named origins, and a detailed list of excluded products and rules for exchange rate and assessable value govern calculation of the duty.
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