Imposition of Countervailing Duty on Atrazine Technical Imports from China.
11 September 2024
The Indian government has decided to continue imposing a countervailing duty on "Atrazine Technical" (a herbicide) imported from China. This decision follows findings published by the designated authority, indicating that removing the duty would likely result in continued or recurring subsidization and harm to the domestic industry. The countervailing duty will be applied to imports falling under specific tariff items, with different rates depending on the producer and country of origin.
The detailed duty rates are as follows:
1. For Atrazine Technical from Xiangshui Zhongshan Biotechnology Co., Ltd.: 9.28% of the CIF (Cost, Insurance, and Freight) value.
2. For Atrazine Technical from any other producer in China: 11.94% of the CIF value.
3. For Atrazine Technical from any country other than China, but exported from China: 11.94% of the CIF value.
The duty will be effective for five years from the date of the notification, unless revised. The rate of exchange for calculating the duty will follow the official rate specified by the Indian Ministry of Finance at the time of the bill of entry presentation.