TIOL-DDT 2977 · Thursday, 24 November 2016 · story 2 of 5

Safeguard Duty on Hot Rolled Flat Sheets and Plates

GOVERNMENT has imposed safeguard duty on Hot Rolled flat sheets and plates(excluding hot rolled flat products in coil form) of alloy or non-alloy steel having nominal thickness less than or equal to 150mm and nominal width of greater than or equal to 600mmat the following rates:

(a) ten per cent ad valorem minus anti-dumping duty payable, if any, when imported during the period from 23rd November, 2016 to 22nd November, 2017 (both days inclusive) at an import price below US Dollar 504 per MT on CIF basis;

(b) eight per cent ad valorem minus anti-dumping duty payable, if any, when imported during the period from 23rd November, 2017 to 22nd November, 2018 (both days inclusive) at an import price below US Dollar 504 per MT on CIF basis; and

(c) six per cent ad valorem minus anti-dumping duty payable, if any, when imported during the period from 23rd November, 2018 to 22nd May, 2019 (both days inclusive) at an import price below US Dollar 504 per MT on CIF basis.

Notification No. ., Dated: November 23, 2016

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