x

10 五月 2021

International Trade Amicus: February 2021

Article

Anti-absorption provisions – A new chapter in trade remedial investigations in India
By Sangam Grover

One of the changes proposed by the Union Budget 2021-22 is the introduction of anti-absorption provisions in the legal framework governing anti-dumping and countervailing duty investigations. The article in this issue of International Trade Amicus elaborately discusses the proposed amendment and deals with questions like what is absorption, what is the purpose of anti-absorption provisions and the relevant changes as proposed in the Sections 9 and 9A of the Customs Tariff Act, 1975. The author also highlights the difference in the anti-absorption provisions for anti-dumping duty and that proposed for countervailing duty. Since the DGTR may look to develop the legal framework governing anti-absorption investigations based on the laws in other jurisdictions, the article also discusses certain aspects of the EU’s anti-dumping framework. The author notes that while the anti-absorption provisions will tighten the mechanism for countering unfair trade practices, participation of the importer, related or unrelated, is very important, especially to understand the movement of domestic prices post the imposition of ADD/CVD...

Statute Update

  • Circumvention of anti-dumping and countervailing duties – Retrospective and provisional anti-circumvention measures
  • Reviews of anti-dumping and countervailing duties to be completed before expiry of levy

Trade Remedy News

  • 1,1,1,2-Tetrafluroethane or R-134a from China – India initiates anti-dumping sunset review
  • Aniline from China – India imposes definitive anti-dumping duty
  • Carbazole Violet Pigment 23 from India – USA issues affirmative sunset review of countervailing duty
  • Flat rolled product of steel, plated or coated with alloy of Aluminium and Zinc from China, Vietnam and Republic of Korea – India suspends anti-dumping duty from 2 February 2021 till 30 September 2021
  • Granular Polytetrafluoroethylene (PTFE) Resin from India – USA initiates anti-dumping and countervailing duty investigations
  • High-Speed Steel of Non-Cobalt Grade from Brazil, China and Germany – India suspends anti-dumping duty from 2 February 2021 till 30 September 2021
  • Hot Rolled and Cold Rolled Stainless Steel Flat Products from China - India suspends countervailing duty from 2 February 2021 till 30 September 2021
  • l-Phenyl-3-Methyl-5-Pyrazolone from China – India’s DGTR recommends definitive anti-dumping duty
  • Methylene Chloride from China – India decides not to impose anti-dumping duty despite positive recommendation in sunset review
  • Phenol from Thailand and USA – India’s DGTR recommends definitive anti-dumping duty on imports from Thailand
  • Plastic Processing Machines from China – India initiates anti-dumping investigation
  • Polytetrafluoroethylene from Russia – India initiates anti-dumping duty sunset review
  • Preserved mushrooms from India – USA issues affirmative anti-dumping sunset review
  • Seamless tubes, pipes and hollow profiles of iron, alloy or non-alloy steel from China – India initiates anti-dumping duty sunset review
  • Stainless steel cold-rolled flat products from India – European Union initiates anti-subsidy investigation
  • Steering Knuckles from China – India continues anti-dumping duty after sunset review
  • Straight Length Bars and Rods of Alloy Steel from China – India suspends anti-dumping duty from 2 February 2021 till 30 September 2021
  • Viscose Staple Fibre from China and Indonesia – India initiates anti-dumping duty sunset review
  • Welded stainless steel pipes and tubes from China and Vietnam – India initiates Mid-term review to review the product scope of definitive Countervailing duty

WTO News

  • Indonesia’s export restrictions and preferential import duty exemption – DSB panel established on request of European Union
  • USA’s origin marking requirements on imports from Hong Kong – DSB panel established
  • India Trade Policy Review at WTO

India Customs & Trade Policy Update

  • Food Import Entry Points – General Notes in Import Policy revised
  • SEZ – Inspection of duty-free goods on de-bonding and filing of B/E on DTA clearance of imported goods
  • IEC provisions under Chapters 1 and 2 of Foreign Trade Policy revised
  • Job work allowed on goods imported under IGCR Rules, 2017
  • High Speed Rail Projects to be covered under Project Imports

Ratio decidendi

  • Correction of mistake or error in self-assessed bill of entry is permissible
  • Demurrage charges not payable when goods seized/detained by Customs authorities

February, 2021/Issue-116 February, 2020/Issue-116

Browse articles