Alerts & Updates 25th Jul 2022

Trade Update – July 25, 2022

Authors

Sanjay Notani Partner | Mumbai

Parthsarathi Jha Partner | New Delhi | Noida

Naghm Ghei Principal Associate | Delhi NCR

Mitul Kaushal Consultant | Delhi NCR

Divyashree Suri Senior Associate | Delhi NCR

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KEY TRADE REMEDIAL UPDATES

Subject countries	Product	Investigation			Particulars
USA (Department of Commerce/International Trade Commission)
Brazil, China, India, Japan, Korea, The United Kingdom	Cold-Rolled Steel Flat Products	AD, CVD			US ITC makes determinations in Five-Year (Sunset) Review Concerning Cold-Rolled Steel Flat Products From Brazil, China, India, Japan, Korea, and The United Kingdom
China	1-Hydroxyethylidene-1, 1- Diphosphonic Acid	AD			Final Results of the Expedited First Sunset Review
China	Aluminum Foil	AD, CVD			Initiation of Circumvention Inquiries of the Antidumping Duty and Countervailing Duty Orders
China	Floor-Standing, Metal-Top Ironing Tables and Certain Parts Thereof	AD			Initiation and Preliminary Results of Changed Circumstances Review and Intent To Revoke Order
China	Magnesia Carbon Bricks	AD, CVD			Notice of Covered Merchandise Referral and Initiation of Covered Merchandise Inquiry
Europe (European Commission)
China	Graphite electrode systems		Anti-subsidy	In the case, AS685, anti-subsidy proceeding concerning imports of graphite electrode systems originating in the People’s Republic of China, EC decides to terminate the matter.
DGTR (Directorate General of Trade Remedies)
China	Polytetrafluoroethylene PTFE		AD	Sunset Review of Anti-Dumping Investigation concerning imports of “Polytetrafluoroethylene PTFE” originating in or exporting from China – PR.
Tunisia (Ministry of Trade and Export Development)
All exporters of the product	Wire of iron or non-alloy steel used in the manufacture of upholstery springs		Safeguards	Tunisia has notified the Committee on Safeguards of the initiation of a safeguard investigation on imports of wire of iron or non-alloy steel used in the manufacture of upholstery springs.

WTO, FTAs

TRADE POLICY

India

USA

Europe & UK

CUSTOMS

SANCTIONS AND EXPORT CONTROL

Disclaimer: The information contained in this document is intended for informational purposes only and does not constitute legal opinion or advice. This document is not intended to address the circumstances of any individual or corporate body. Readers should not act on the information provided herein without appropriate professional advice after a thorough examination of the facts and circumstances of a situation. There can be no assurance that the judicial/quasi-judicial authorities may not take a position contrary to the views mentioned herein.

Trade Update – July 25, 2022

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Trade Update – July 25, 2022

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Latest Thought Leadership

CBIC issues clarification on place of supply for advertising services provided to foreign clients by Indian ad companies

Blurred Timelines under GST

M&A deals above Rs 2,000 crore to be reviewed by Competition Commission of India

SC to decide fate of ₹20,000-23,000 crore of tax notices dating back 18 years

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