TIOL-DDT 2418 · Tuesday, 19 August 2014 · story 7 of 7

Safeguard duty imposed on Seamless Pipes & Tubes

THE Central Government after considering the findings of the Director General (Safeguard), has imposed on Seamless Pipes and Tubes when imported into India, a safeguard duty at the following rate, namely:-

(a) twenty per cent. ad valorem when imported during the period from 13th August, 2014 to 12th August, 2015 (both days inclusive);

(b) ten per cent. ad valorem when imported during the period from 13th August, 2015 to 12th August, 2016 (both days inclusive); and

(c) five per cent.ad valorem when imported during the period from 13th August, 2016 to 12th February, 2017.

This notification does not apply to imports of Seamless Pipes and Tubes from countries notified as developing countries other than the People's Republic of China.

Notification No. dated, 13th August, 2014

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