Page 501 - MANUAL OF SOP
P. 501

Manual of OP for Trade Remedy Investigations


               (i)   Producers of the subject merchandise;
               (ii)   Holding companies or parent companies;

               (iii)   Producers of an input that is primarily dedicated to the production of the
                     downstream product; or
               (iv)   A corporation producing non-subject merchandise that otherwise transfers
                     a subsidy to a respondent.

               REVIEWS OF CVD

               20.89  Section 9(6) of the Act and Rule 24 of the CVD Rules provide for a Review
               mechanism of the countervailing duties.

               20.90  Section 9(6) of the CVD Act reads as under:

                     “(6) The countervailing duty imposed under this section shall, unless revoked
                     earlier, cease to have effect on the expiry of five years from the date of such
                     imposition :

                     Provided that if the Central Government, in a review, is of the opinion that
                     the cessation of such duty is likely to lead to continuation or recurrence of
                     subsidization and injury, it may, from time to time, extend the period of such
                     imposition for a further period of five years and such further period shall
                     commence from the date of order of such extension :

                     Provided further that where a review initiated before the expiry of the
                     aforesaid period of five years has not come to a conclusion before such
                     expiry, the countervailing duty may continue to remain in force pending the
                     outcome of such a review for a further period not exceeding one year.”

               20.91  Rule 24 of the CVD Rules reads as under:

                     “(1) The designated authority shall, from time to time, review the need for
                     continued imposition of the countervailing duty and shall, if it is satisfied on
                     the basis of information received by it that there is no justification for the
                     continued imposition of such duty or additional duty, recommend to the
                     Central Government for its withdrawal.

                     (2) Any review initiated under sub-rule (1) shall be concluded within a period
                     not exceeding 12 months from the date of initiation of such review.





                                                 478
   496   497   498   499   500   501   502   503   504   505   506