On 15 July 2022, ITAC published amendments for “bolt ends and screw nuts” tariff headings, 7318.15.41, 7318.15.42, and 7318.16.30, to include imports originating in or imported from Belarus, Indonesia, and Turkey.
“Bolt ends and screw studs (excluding those of stainless steel and those identifiable for aircraft)”
Imports from these countries are effectively subject to a 52.04% safeguard duty with rebate provisions for rebate items:
These measures will be effective from 15 July 2022 to 23 July 2022.
The safeguard duty will drop to 50.04% from 24 July 2022 to 23 June 2023.
Need to know more? Contact us at firstname.lastname@example.org