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Dated: 04.07.2025
CBIC Imposes 5-Year Countervailing Duty on Copper Wire Rods Imports from four ASEAN Nations
The Ministry of Finance, through Notification No. 06/2025-Customs (CVD) dated 3rd July 2025, has imposed a countervailing duty (CVD) on imports of Continuous Cast Copper Wire Rods from Indonesia, Malaysia, Thailand, and Vietnam for a period of five years, following final findings by the DGTR that confirmed continued subsidization and threat of injury to domestic producers.
Scope of the Notification
Product Covered:
- Continuous Cast Copper Wire Rods (copper wire rods in coil form, including those with diameter more or less than 6mm)
- HS Code: 7408
Countries Covered:
- Indonesia
- Malaysia
- Thailand
- Vietnam
Background
The Directorate General of Trade Remedies (DGTR), via Notification No. 07/07/2024-DGTR dated 4th April 2025 (read with corrigendum dated 2nd July 2025), concluded that cessation of existing CVD would likely result in recurrence of subsidization and injury to India’s copper wire industry.
As a result, the Ministry of Finance has superseded its earlier Notification No. 01/2020-Customs (CVD) dated 8th January 2020, and notified fresh rates of duty.
CVD Rates Imposed
The applicable rates of countervailing duty (on landed value basis) vary by country, exporter, and producer:
Indonesia
| Producer | CVD Rate |
| PT Karya Sumiden Indonesia | 4.98% |
| PT Tembaga Mulia Semanan Tbk | 3.75% |
| Others | 7.94% |
Malaysia
| Producer | CVD Rate |
| Metrod Malaysia Sdn Bhd | Nil |
| Others | 10.27% |
Thailand
| Producer | CVD Rate |
| SEI Thai Electric Conductor Co. Ltd. | Nil |
| Others | 3.46% |
Vietnam
| All producers | 7.13% |
Additional Notes
- CVD applies only to copper wire rods in coil form, not straight lengths or bars.
- Applicable for five years from the date of publication (i.e., until July 2023–July 2028), unless earlier amended or revoked.
- Duty payable in Indian Rupees; exchange rate as per CBIC notification under Section 14 of the Customs Act, 1962.
- “Landed value” includes all customs duties except those under Sections 3, 3A, 8B, 9, and 9A of the Customs Tariff Act.
Impact on Industry
This move aims to protect India’s domestic copper wire rod manufacturers from subsidized imports that undercut prices and threaten industry viability. It ensures a level playing field while preserving India’s strategic raw material value chain for electricals, infrastructure, and telecom sectors.
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Source: CBIC, Ministry of Finance, Govt. of India
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