Government imposes Safeguard Duty on Non-Alloy and Alloy Steel Flat Products for 200 days [Read Notification]

The Central Board of Indirect Taxes and Customs  ( CBIC ) under the Ministry of Finance, Government of India has imposed safeguard duty on Non-alloy and alloy steel flat products at the rate of twelve percent ad valorem for 200 days. The finance ministry has published the gazette notification on 21st April 2025 as Notification no. 01/2025-Customs (SG).

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As per the preliminary issued by the Directorate General of Trade Remedies ( DGTR ) on 18th March 2025 regarding the “Non-Alloy and Alloy Steel Flat Products”, namely (a) Hot Rolled coils, sheets and plates, (b) Hot Rolled Plate Mill Plates, (c) Cold Rolled coils and sheets, (d) Metallic Coated Steel coils and sheets, whether or not profiled, including Galvanneal, Coated with Zinc or Aluminium-Zinc or Zinc- Aluminium-Magnesium, and (e) Colour Coated coils and sheets, whether or not profiled falling under tariff headings 7208, 7209, 7210, 7211, 7212, 7225 and 7226 of the First Schedule to the Customs Tariff Act, 1975, has provisionally concluded that :

1. there is a recent, sudden, sharp, and significant increase in imports of subject goods into India, causing and threaten to cause serious injury to the domestic  industry/producers of subject goods;
2. there exist critical circumstances, where any delay in application of provisional safeguard measures would cause damage which would be difficult to repair;
3. there is a necessity for immediate application of provisional safeguard measures,

and has accordingly recommended the imposition of provisional safeguard duty on imports of the subject goods into India.

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Thus, the ministry has decided to impose safeguard duty on these products in the interest of the country’s economy. Accordingly the notification states that “the Central Government after considering the said findings of the Director General (Trade Remedies), hereby imposes on subject goods falling under tariff headings 7208, 7209, 7210, 7211, 7212, 7225 and 7226 of the First Schedule to the Customs Tariff Act, when imported into India, a provisional safeguard duty at the rate of twelve per cent ad valorem.”

Additionally, the notification clearly states that the safeguard duty shall not be imposed on the product categories as specified in the corresponding entry in column (2) of the Table below, when imported into India, at or above the import price on CIF basis as mentioned in the corresponding entry in column (3), in the currency as specified in the corresponding entry in column (5) and as per unit of measurement as specified in the corresponding entry in column (4) of the said Table, namely :-

TABLE

Sl. No. (1)	Product Category (2)	Import price on CIF Basis (3)	Unit (4)	Currency (5)
1	Hot rolled coil sheets and plates	675	MT	USD
2	Hot Rolled Plate Mill Plates	695	MT	USD
3	Cold Rolled Coils and Sheets	824	MT	USD
4	Metallic Coated Steel Coils and Sheets, whether or not profiled, including Galvanneal, Coated with Zinc or Aluminium-Zinc or Zinc-Aluminium-Magnesium	861	MT	USD
5	Colour Coated coils and sheets, whether or not profiled	964	MT	USD

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The notification also states that the provisions of this notification shall not apply to the import of subject goods originating from countries notified as developing countries under sub-section (2) of section 8B of the Customs Tariff Act, 1975, except for imports originating from China PR and Vietnam.

The safeguard duty imposed under this notification shall be effective for a period of two hundred days (unless revoked, superseded or amended earlier) from the date of publication of this notification in the Official Gazette and shall be payable in Indian currency.

To Read the full text of the Notification CLICK HERE

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