India has announced its decision to extend the countervailing duty (CVD) on welded steel pipes and tubes originating in or exported from China and Vietnam for another five years after a review. The decision aims to prevent duplication of subsidies and damage to the domestic industry that may occur if the existing CVD measures are removed.
While the CVD rate on Chinese imports has been set at 29.88% of the CIF value, Vietnam faces duty rates ranging from 0% to 11.96%.
The products in question are listed under the following codes;
7304 11 10, 7304 11 90, 7304 41 00, 7304 51 10, 7304 90 00, 7305 11 29, 7305 90 99, 7306 11 00, 7306 21 00, 7306 29 19, 73 06 30 90, 7306 40 00, 7306 50 00, 7306 61 00, 7306 69 00, 7306 90 11, 7306 90 19, and 7306 90 90.
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