Proposal for a Council Implementing Regulation amending Regulation (EU) No 405/2011 imposing a definitive countervailing duty and collecting definitively the provisional duty imposed on imports of certain stainless steel bars and rods originating in India

This proposal concerns the application of Council Regulation (EC) No 597/2009 of 11 June 2009 on protection against subsidised imports from countries not members of the European Community ('the basic Regulation') in the anti-subsidy proceeding concerning imports of certain stainless steel bars and rods originating in India.

This proposal is made in the context of the implementation of the basic Regulation and is the result of an investigation which was carried out in line with the substantive and procedural requirements laid out in the basic Regulation.

On 9 August 2012, the Commission initiated a partial interim review limited to the level of subsidisation of the countervailing duty in force in respect of imports of certain stainless steel bars and rods originating in India. The review was initiated because the applicant, an exporting producer in India, provided sufficient prima facie evidence that the circumstances with regard to subsidisation on the basis of which measures were established have changed and that these changes are of a lasting nature.

The partial interim review investigation confirmed that (i) the level of subsidisation with regard to the concerned co-operating Indian producer has decreased; (ii) the actual modalities of the investigated schemes and their countervailiability have not changed with respect to the previous investigation. Since it was demonstrated that the applicant current level of subsidization is below de minimis, the level of the measures should be amended to reflect the new findings. The changed circumstances were found to be of a lasting nature.

Therefore, it is proposed that the Council adopts the attached proposal for a Regulation so as to amend the duty rate applicable to the concerned co-operating Indian producer.

EUR-Lex: COM(2013)477: Follow the progress of this proposal through the decision-making procedure http://eur-lex.europa.eu/legal-content/EN/HIS/?uri=COM:2013:477:FIN

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