The Indian government has imposed anti-dumping duties on the import of welded stainless-steel pipes and tubes from Thailand and Vietnam to protect domestic manufacturers from dumped goods that have been causing injury to the industry.
As per a notice issued by Ministry of Finance, Department of Revenue, the Government of India has imposed anti-dumping duties on welded stainless steel pipes and tubes from Vietnam and Thailand. The notice (23/2024-Customs (ADD)) was issued on 4th November 2024, and was signed by Amreeta Titus, Deputy Secretary, Government of India.
An investigation by the Directorate General of Trade Remedies (DGTR), initiated under case number F. No. 6/28/2023-DGTR, revealed that these stainless-steel products from Thailand and Vietnam were being sold in India at below-market prices, leading to substantial injury for local manufacturers. Based on the DGTR’s findings and recommendations published on August 6, 2024, anti-dumping duties have now been officially imposed.
Key points of the anti-dumping measures
1. Affected products: The duties apply to ‘Welded Stainless-Steel Pipes and Tubes,’ classified under specific tariff codes such as 7304 11 10, 7304 11 90, 7304 41 00, among others.
2. Origin and export:
>Countries of origin: Thailand and Vietnam
>Export destinations: Imported into India, either directly or from intermediary countries.
3. Applicable anti-dumping duty:
The following duty rates apply, subject to the condition that certain companies are exempted or face specific rates:
| S. No | Tariff Items | Description of Goods | Country of Origin | Country of Export | Producer | Duty Amount (USD/MT) |
|---|---|---|---|---|---|---|
| 1 |
7304 11 10
7304 11 90
7304 41 00
7304 51 10
7304 90 00
|
Welded Stainless Steel Pipes
|
Vietnam | Any country including Vietnam | Sonha SSP Vietnam Sole Member Co., Ltd | NIL* |
|
7305 11 29
7305 90 99
7306 11 00
7306 21 00
7306 29 19
|
Steel Pipes and Tubes Company Limited | |||||
|
7306 30 90
7306 40 00
7306 50 00
7306 61 00
7306 69 00
7306 90 11
7306 90 19
7306 90 90
|
||||||
| 2 | -do- | -do- | Vietnam | Any country including Vietnam | Steel 568 Co., Ltd | NIL* |
| 3 | -do- | -do- | Vietnam | Any country including Vietnam | Any producer other than S. No. 1 and 2 above | 307.79* |
| 4 | -do- | -do- | Any country other than Vietnam or Thailand | Vietnam | Any producer | 307.79* |
| 5 | -do- | -do- | Thailand | Any country including Thailand | I Stainless Steel Co. Ltd., Thailand | NIL |
| 6 | -do- | -do- | Thailand | Any country including Thailand | Any producer other than S. No. 5 above | 246.49 |
| 7 | -do- | -do- | Any country other than Vietnam or Thailand | Thailand | Any producer | 246.49 |
Note:- The customs classification is only indicative and not binding on the scope of the product under consideration.
*For serial numbers 1 to 4, the amount of anti-dumping duty to be imposed is equivalent to the difference between the quantum of anti-dumping duty mentioned in column (7) and countervailing duty payable, if any.
4. Duration:
The anti-dumping duty is set for five years from the notification date unless it is revoked or amended earlier.
5. Exchange rate application:
The rate of exchange for duty calculations will be based on the exchange rate notified by the Ministry of Finance in accordance with Section 14 of the Customs Act, 1962. The applicable rate is determined on the date of the bill of entry’s presentation under Section 46 of the Customs Act.
Conclusion
The imposition of anti-dumping duties on these imports is intended to curb unfair pricing practices and safeguard the interests of India’s stainless-steel manufacturing industry. The government’s move underscores its commitment to maintaining a fair market environment for domestic producers.
