On August 9, 2018, India conducted a countervailing investigation on welded stainless steel pipes originating in or imported from China and Vietnam.
On July 31, 2019, the Ministry of Commerce and Industry of India issued a notice stating that the anti-subsidy finalization of Welded Stainless Steel Pipes and Tubes originating in or imported from China and Vietnam: subsidies for products involved in China and Vietnam, for India The industry has caused substantial damage and there is a causal relationship between subsidies and substantial damage to Indian domestic industries. It is recommended to levy a five-year countervailing duty on the products involved in the above-mentioned countries.
The specific tax rates are shown in the table below. The case involved products under the Indian Customs Codes 73064000, 73066100, 73066900, 73061100 and 73062100.
|Serial number||Country of origin||Export to||Manufacturer||Countervailing duty(CIF%)|
|1||China||any other countries including China||Zhejiang Jiuli Hi-Tech Metals Co., Ltd.||21.74|
|2||China||any other countries including China||Any manufacturer other than serial number 1.||29.88|
|3||Any country other than China and Vietnam||China||Any manufacturer||29.88|
|4||Vietnam||Any countries including Vietnam||Sonha SSP Vietnam Sole Member Company Limited||0|
|5||Vietnam||Any countries including Vietnam||Nam Cuong Metal Company Limited||11.04|
|6||Vietnam||Any countries including Vietnam||OSS Dai Duong International Joint Stock Company||11.1|
|7||Vietnam||Any countries including Vietnam||Vinlong Stainless Steel (Vietnam) Co., Ltd.||10.33|
|8||Vietnam||Any countries including Vietnam||Steel 568 Co., Ltd.||0|
|9||Vietnam||Any countries including Vietnam||Ha Anh Stainless Steel Company Limited||11.96|
|10||Vietnam||Any countries including Vietnam||Gia Anh Hung Yen Co., Ltd.||11.96|
|11||Vietnam||Any countries including Vietnam||Any manufacturers other than serial numbers 4~10||11.96|
|12||Any country other than China and Vietnam||Vietnam||Any manufacturer||11.96|