Page 52 - ELT_1st July 2020_Vol 373_Part 1

A26 EXCISE LAW TIMES [ Vol. 373

He said every product would be checked when they are imported.
“There have been sufficient information regarding cyber-attacks through power
infrastructure. Every country has taken measures to protect their power systems,
so shall we,” the Minister said. There will also be a list of ‘prior-reference coun-
tries’ from where imports would need Government approval.
[Source : Business Standard, New Delhi, dated 26-6-2020]
Anti-dumping duty likely on steel products from Japan,
EU, US and Korea
India may impose Anti-dumping duty on imports of certain steel prod-
ucts from the EU, Japan, the US and Korea for five years to protect domestic
players from cheap imports. The Commerce and Industry Ministry has recom-
mended imposition of the Anti-dumping duty on the product from these coun-
tries and rejected the demand to exclude products based on their quality, citing
circumvention of the duty.
“The interested parties have argued that non-prime materials should be
excluded from the PUC (Product Under Consideration),” the Directorate General
of Trade Remedies (DGTR) said in its findings.
Non-prime steel or second-grade steel is not tested as per the relevant
standards specification.
[Source : The Economic Times, New Delhi, dated 19-6-2020]
Anti-dumping duty likely on black toner in powder form
from China, others
India may levy Anti-dumping duty on black toner in powder form, used
in printers and photocopiers, from China, Malaysia and Chinese Taipei (Taiwan),
and extend the existing duty on measuring tapes imported from China for five
years.
In two separate notifications on 19-6-2020, the Commerce and Industry
Ministry recommended imposition of Anti-dumping duty. The Finance Ministry
takes a final call on imposing the duty.
For toners, the Directorate General of Trade Remedies (DGTR), which
comes under the Commerce and Industry Ministry, has recommended duty in
the range of $ 196-$ 1,686 per tonne while for measuring tapes, it has again sug-
gested duty of $ 1.83 per kg. and $ 2.56 per kg., for five years.
The Authority said that there is likelihood of continuation or recurrence
of dumping of measuring tapes if the existing Anti-dumping duties are allowed
to cease.
This week, DGTR recommended levying Anti-dumping duties on aniline
and antibacterial drug Ciprofloxacin Hydrochloride originating in or exported
from China.
[Source : The Economic Times, New Delhi, dated 20-6-2020]
Goods purchased, sold overseas liable to GST in India
A domestic Company buying goods from abroad and selling to another
country will have to pay GST on such transactions even if the said products are
not entering the Indian territory, the Authority for Advance Ruling (AAR) has
said.

EXCISE LAW TIMES  1st July 2020  52