The Directorate General of Foreign Trade (DGFT) has notified the corrigendum to initiate the Safeguard (Quantitative Restrictions) investigation concerning imports of Low Ash Metallurgical Coke into India vide notification (F. No. 22/4/2023-DGTR) published on 6th July 2023. The DGFT has altered the period of investigation to April 2019- March 2023.
Considering the provisions of Section 9A of the Foreign Trade (Development and Regulation) Act, 1992, along with its amendments, and the Safeguard Measures (Quantitative Restrictions) Rules, 2012, as amended, the Joint Secretary and Designated Authority have issued initiation notification No. 22/4/2023 dated 30.06.2023.
The notification pertained to the commencement of a Safeguard (Quantitative Restrictions) investigation regarding the import of Low Ash Metallurgical Coke into India.
The notification stated “The applicants have proposed period of investigation in the present investigation from April 2022- December 2022. The petitioners have submitted that there has been a sudden, sharp, significant and recent surge in imports of the product under consideration in India. However, the Authority has considered April 2022-March 2023 as the most recent period for the purpose of the present investigation. The period of investigation for the purpose of present investigation is from April 2019- March 2023”.
Apart from the mentioned provisions, all other elements of the initiation notification No. 22/4/2023 dated 30.06.2023 issued by the Joint Secretary and Designated Authority concerning the Safeguard (Quantitative Restrictions) investigation remain unaltered.
According to the notification issued on 30th June 2023 and Published in official gazette 5th July, the applicants have requested for imposition of Safeguard Measures in the form of quantitative restrictions on the imports of the product under consideration into India for one year only.
The product under consideration defined in the application is Low Ash Metallurgical Coke, that is, Metallurgical Coke having ash content below 18%. It is commonly known as Met Coke or Coke in the market parlance. Metallurgical Coke with high ash content, that is, ash content above 18% is outside the scope of the product under consideration.
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