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Extension of CVD on Aluminium Wire

Extension of CVD on Aluminium Wire

Dated: 11.06.2026

The Ministry of Finance, Government of India, has issued a new notification extending the validity of countervailing duty (CVD) on certain subsidized articles. This move is significant for importers, exporters, and businesses dealing with affected goods, as it impacts customs duties and trade practices until March 23, 2027.

Background

Countervailing duty is a tariff imposed on imported goods to offset subsidies provided by the exporting country. The aim is to ensure a level playing field for domestic producers by neutralizing the unfair advantage gained through foreign government subsidies.

Notification Highlights

  1. Issuing Authority: Ministry of Finance (Department of Revenue), Government of India.
  2. Notification Number: 3/2026-Customs (CVD), dated June 10, 2026.
  3. Legal Basis: The notification is issued under the Customs Tariff Act, 1975, and the Customs Tariff (Identification, Assessment and Collection of Countervailing Duty on Subsidized Articles and for Determination of Injury) Rules, 1995.
  4. Amendment Details:
    • The notification amends the earlier Notification No. 4/2021-Customs (CVD) dated September 24, 2021.
    • A new paragraph is inserted, stating:

“Notwithstanding anything contained in paragraph 2, the countervailing duty imposed under this notification shall remain in force up to and inclusive of the 23 March, 2027, unless revoked, superseded or amended earlier.”

Implications for Stakeholders

  1. Importers:
    • Must continue to pay the applicable countervailing duty on specified subsidized articles until March 23, 2027.
    • Should monitor for any further amendments, revocations, or supersessions before this date.
  2. Exporters:
    • Exporters to India of affected goods should be aware that their products will remain subject to CVD, potentially impacting pricing and competitiveness.
  3. Domestic Industry:
    • The extension provides continued protection against subsidized imports, supporting domestic manufacturers.
  4. Trade Compliance:
    • Businesses must ensure compliance with the updated customs regulations and maintain accurate documentation for imports subject to CVD.

Conclusion

The extension of the countervailing duty until March 23, 2027, reflects the government’s ongoing commitment to protect domestic industries from unfair trade practices. Stakeholders should stay informed about any further changes to the notification and adjust their operations accordingly to remain compliant and competitive.

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