India imposes 20% import duty on hot rolled stainless steel from China

Monday, 07 January 2013 16:10:18 (GMT+3)   |   Istanbul
       

India has imposed an import duty of 20 percent on hot rolled flat products of stainless steel grade 304, up to a maximum width of 1,605 mm, from China, according to India's Central Board of Excise and Customs.
 
Entering into force on January 4, the import duty will be valid for 200 days and it will also apply to all austenitic grades having minimum nickel content of six percent. The hot rolled flat products of stainless steel imports caused injury to the domestic industry, therefore necessitating the implementation of a safeguard duty.
 
The goods subject to import duty are currently classified under Harmonized System Code Numbers 72191111, 72191112, 72191190, 72191200, 72191300, 72191400, 72192111, 72192112, 72192121, 72192122, 72192131, 72192132, 72192141, 72192142, 72192190, 72192211, 72192212, 72192219, 72192291, 72192292, 72192299, 72192310, 72192320, 72192390, 72192411, 72192412, 72192413, 72192419, 72192421, 72192422, 72192423, 72192429, 72192490, 72201110, 72201121, 72201122, 72201129, 72201190, 72201210, 72201221, 72201222, 72201229 and 72201290.

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