Safeguard Duty on Hot Rolled Stainless Steel
GOVERNMENT has imposed safeguard duty on Hot Rolled Flat Products of Stainless Steel - 304 grade (upto a maximum width of 1605 mm), and encompassing all austenitic grades having minimum Nickel (Ni) content of 6 percent., compulsorily containing Chromium with or without the presence of other alloying elements like Molybdenum, Titanium etc., when imported into India, from the People's Republic of China, at the rate of 20 percent ad-valorem.
The safeguard duty imposed under this notification shall be effective for a period of 200 days unless revoked, superseded or amended earlier.
Notification No. , Dated: January 04, 2013