Final Findings of review investigation for continued imposition of Safeguard duty on imports of “Solar Cells whether or not assembled in modules or panels”
MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
(DIRECTORATE GENERAL OF TRADE REMEDIES)
CORRIGENDUM NOTIFICATION
New Delhi, the 20th July, 2020
Case No. (SG) 01/2020
Subject: Final Findings of review investigation for continued imposition of Safeguard duty on imports of “Solar Cells whether or not assembled in modules or panels” into India – Proceedings under the Customs Tariff Act, 1975 and the Custom Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997 – Reg.
F. No.22/1/2020-DGTR:—Having regard to the Customs Tariff Act, 1975, as amended from time to time and the Customs Tariff (Identification and Assessment of Safeguard Duties) Rules, 1997, as amended from time to time, thereof, the Designated Authority has issued the Final Finding Notification No. 22/1/2020-DGTR dated 18.7.2020, in respect of the above Safeguard investigation.
The para 63 (viii) of the finding is corrected to read as under:
Price Undercutting: It can be seen that without the inclusion of safeguard duty, the prices of imports continue to undercut the selling price of the Domestic Industry and cause serious injury to it.
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Particulars
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Unit
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2016-17
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2017-18
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2018-19
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April 19-Sept. 19
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Landed
Value of Imports
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Solar Cells
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Rs./Watt
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15.42
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13.68
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8.95
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8.76
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Net Sales Realisation of Domestic Industry
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Solar Cells
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Rs./Watt (Indexed)
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100
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78
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39
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37
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Price Undercutting
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|
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Solar Cells
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% Range
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55-65
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35-45
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5-15
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0-10
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Some interested parties have raised an objection with respect to the price undercutting analysis stating that the price undercutting should be analyzed after addition of safeguard duty into the landed value of the PUC. In this regard, it is noted that this being a review to examine the extension of safeguard duty to prevent recurrence of injury the impact of imports without Safeguard Duty needs to be evaluated.
BIDYUT BEHARI SWAIN, Director General (Safeguard)
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