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CBIC amends duty on import of Cast Aluminum Alloy Wheels

The Directorate General Trade Remedies (DGTR) made a recommendation where they felt necessary the need for modifying the quantum of duty which is being implied on the import of “Cast Aluminium Alloy Wheels” or Alloy Road Wheels (ARW) used in motor vehicles whether or not attached with accessories, of a size in diameters ranging from 12 inches to 24 inches” originating or exported from China PR, imposed vide notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 17/2019-Customs(ADD), dated the 9th April, 2019, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 296(E), dated the 9th April, 2019;

Therefore, The Central Board of Indirect Taxes & Customs (CBIC) has released notification no. 30 where amendment shall be made in the previously issued notification no. 17/2019 which pertains to Cast Aluminium Alloy Wheels dated 28th November 2022.

Continue reading to know the amendment made by the custom department.

  1. for the portion beginning with the words “after considering the aforesaid final findings of the designated authority” and ending with the words “per unit of measurement specified in the corresponding entry in column (8) of the said Table”, the following shall be substituted, namely:

“after considering the aforesaid final findings and the final findings issued vide F.No. 7/12/2021-DGTR, dated the 30th August, 2022 of the designated authority, hereby imposes on the subject goods, the description of which is specified in column (3) of the Table below, falling under sub-heading or tariff item of the First Schedule to the Customs Tariff Act as specified in the corresponding entry in column (2), originating from the countries as specified in the corresponding entry in column (4), exported from the countries as specified in the corresponding entry in column (5), and produced by the producers as specified in the corresponding entry in column (6), an anti-dumping duty at the rate equal to the amount as specified in the corresponding entry in column (7), in the currency and per unit of measurement specified in the corresponding entry in column (8) of the said Table.” ;

Moreover, table containing the duty amount on Cast Aluminum Alloy Wheels or Alloy Road Wheels is also substituted. To check that out click the pdf given below.

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This was all about the latest update released by the Central Board of Indirect Taxes & Customs (CBIC) as on 28th November 2022 in notification no. 30-Customs (ADD). Hope you find it informational. Stay connected with EAdvisors Blogs to stay updates with all the latest news, notifications published by the official department of Custom.

To download the original document of CBIC below is the pdf attachment given which you may go through for your reference.

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