June 16 2022

European Commission Imposes Definitive Anti-Dumping and Countervailing Duties on Imports of Certain Iron Tubes and Pipes Originating in India

Source: IBFD Tax Research Platform News

On 15 June 2022, the European Commission decided to impose definitive anti-dumping and countervailing duties on imports of tubes and pipes of ductile cast iron originating in India.

The rates of the anti-dumping duty are: (i) 3% for the company Jindal Saw Limited; (ii) 0% for the company Electrosteel Castings Ltd; and (iii) 14.1% for all other companies.

The rates of the countervailing duty are: (i) 6% for the company Jindal Saw Limited; (ii) 9% for the company Electrosteel Castings Ltd; and (iii) 9% for all other companies.

These rates were determined based on the investigation carried out by the European Commission concluding that the EU industry continued to suffer material injury during the investigation period. Therefore, the European Commission decided that the previous provisional anti-dumping measures on imports of tubes and pipes of ductile cast iron should be maintained to prevent further injuries to the EU industry.

The decisions to impose definitive anti-dumping and countervailing duties on imports on the referred goods were adopted by Commission Implementing Regulation (EU) 2022/926 and Commission Implementing Regulation (EU) 2022/927, respectively, which were published in the Official Journal of the European Union (OJEU) on 16 June 2022. These Regulations will enter into force on the day following its publication in the OJEU.