Friday, September 21 2018

VietNamNews

India investigates countervailing duties on VN’s steel

Update: August, 15/2018 - 17:00
The product under investigation is “welded stainless steel pipes and tubes”. — Photo vneconomy.vn
Viet Nam News

HÀ NỘI — The Directorate General of Anti-Dumping and Allied Duties (DGAD) under India’s Ministry of Commerce and Industry has recently announced the initiation of an investigation into countervailing duties on certain types of steel imported from Việt Nam and China.

The investigation is based on petitions filed by Stainless Steel Pipe and Tubes Manufacturer Associations of New Delhi, Ahmedabad, South India and Haryana. The applicants alleged that the exporters have benefited from the actionable subsidies provided by various levels of the Governments of Việt Nam and China, including the governments of the provinces and municipalities in which the exporters are located.

The product under investigation is “welded stainless steel pipes and tubes”. The period of investigation is from April 2017 to March 2018. The injury investigation period shall cover the period from 2014 to 2017 and the period of investigation.

DGAD will not proceed to sampling for Việt Nam but will for China due to the large number of Chinese enterprises involved in this case.

Therefore, Việt Nam exporters will be individually investigated and receive their own tax rates based on the information they provide.

Relevant units (including the Government of the investigated countries, exporters, importers and consumers of goods subject to investigation) may submit information, comments, and documents to Indian investigators.

All written information relating to the present investigation should be sent to the Indian Directorate General of Trade Remedies within 40 days from the date of publication of the initiation notice.

If no information is received within the prescribed time limit or the submitted information is incomplete, the authority may record its findings on the basis of the facts available on record in accordance with the rules.

The Trade Remedies Authority of Việt Nam, under the Ministry of Industry and Trade, recommend the Vietnamese exporters cooperate and provide full and proper information to Indian authorities throughout the entire investigation. Exporters should closely coordinate with Việt Nam Trade Remedies Authority to effectively defend the case, they added. — VNS

 

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