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India postpones CVD suspension period on China’s stainless steel flat products

21 Oct 2021 16:10 reported by Joy Liu

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According to a notice issued by the Indian Department of Revenue, Ministry of Finance on September 30, 2021, the deadline for the suspension of countervailing duties (CVD) on certain hot rolled and cold rolled stainless steel flat products originating in or exported from China will be changed to January 31, 2022.

India started to impose an 18.95% CVD duty on subject goods from China from September 7, 2017, and the CVD imposition was suspended from February 2, 2021 to September 30, 2021.

The products involved are under customs tariff headings 7219 and 7220.

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