Finance Ministry Imposes Anti-Dumping Duty on Welded Stainless-Steel Pipes and Tubes from Vietnam and Thailand [Read Notification]

The Ministry of Finance, through Notification No. 23/2024-Customs (ADD) dated November 4, 2024, has announced the imposition of an anti-dumping duty on imports of specific types of “Welded Stainless-Steel Pipes And Tubes”. The decision, effective immediately, aims to protect the domestic industry from injury caused by dumped imports from Thailand and Vietnam.

The investigation, documented in the DGTR’s final findings (Notification F. No. 6/28/2023-DGTR, dated August 6, 2024), concluded that welded stainless-steel pipes and tubes from Thailand and Vietnam were being imported into India at dumped prices. These imports were found to have caused material injury to the domestic industry, primarily through unfairly low prices that undermine local production.

Findings of the Investigation

1. The goods, classified under specific tariff items within the First Schedule of the Customs Tariff Act, 1975, were determined to have been imported from Thailand and Vietnam at prices below fair market value.
2. Due to the dumped imports, the domestic stainless-steel pipe and tube industry suffered financial injury.
3. The injury was directly linked to the dumped imports, necessitating action to remove this unfair competitive pressure on the local industry.

Therefore, exercising its powers under sections 9A of the Customs Tariff Act, 1975, the Ministry of Finance has mandated an anti-dumping duty on these imports to offset the adverse impact.

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The duty is to be levied for five years from the date of publication, subject to modification or revocation as deemed necessary by the Ministry. Details of the anti-dumping duty rates are as follows:

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, 7305 11 29, 7305 90 99, 7306 11 00, 7306 21 00, 7306 29 19, 7306 30 90, 7306 40 00, 7306 50 00, 7306 61 00, 7306 69 00, 7306 90 11, 7306 90 19, 7306 90 90	Welded Stainless-Steel Pipes and Tubes	Vietnam	Any country including Vietnam	Sonha SSP Vietnam Sole Member Company Limited	NIL*
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	307.79*
4	-do-	-do-	Any country other than Vietnam and 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	246.49
7	-do-	-do-	Any country other than Vietnam and Thailand	Thailand	Any producer	246.49

Note:- The customs classification is only indicative and not binding on the scope of the product under consideration.

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*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.

To Read the full text of the Notification CLICK HERE

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