GST Daily – Editorial Team
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Today’s newsletter analytically summarizes the top GST stories reported at taxmann.com.
Anti-Dumping Duty imposed on specified ‘Flat Rolled Products of Aluminium’ imported from China
The Government imposed Anti-Dumping Duty (‘ADD’) on import of ‘Flat Rolled Products of Aluminium’ falling under Chapter heading 7606 or 7607 of First Schedule to Customs Tariff Act, 1975, originating in or exported from China w.e.f. December 6, 2021 for a period of 5 years.
The designated authority in its final findings vide Notification No. 6/27/2020-DGTR, dated September 7, 2021, recommended the imposition of an anti-dumping duty on the imports of the impugned goods in order to remove injury to the domestic industry.
The rate of ADD would vary depending upon the producers specified in the notification in this regard. It is also provided that the following products would be excluded from the scope of impugned goods for the purpose of levying ADD:
a) Can-body Stock also includes Can End Stock (CES) used to make aluminium cans
b) Aluminium Foil up to 80 microns.
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DGFT invites fresh application for import authorization of Water Melon Seeds
DGFT vide Notification No. 3/2015-2020, dated April 26, 2021 revised the import policy of Melon Seeds under EXIM Code 12077090 from 'Free' to 'Restricted'. In this regard, the Director General of Foreign Trade (DGFT) by exercising the powers of Para 1.03 and Para 2.04 of the Foreign Trade Policy 2015-2020, notified the procedure for import of Water Melon Seeds.
It is provided that the import of impugned goods from January 1, 2022 to March 31, 2022 shall not exceed 15,000 MT. In this regard, the DGFT has invited fresh applications for import authorization for Water Melon Seeds - Other (ITC(HS) 12077090) with effect from December 6, 2021.
It further provides few conditions and guidelines for applying the applications. It is also provided that the monthly/ annual processing capacity and earlier imports of the applicant would be considered while examining the application. The last date for filing the application is December 13, 2021.
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