natgillin/translations-raw huggingface dataset:
Den indiske regering og en eksporterende producent fremførte, at i) interesserede parter angiveligt ikke i tilstrækkelig grad er blevet underrettet om den afskrivningsperiode, der er benyttet for investeringsgoder, og at ii) det ikke i tilstrækkelig grad er oplyst, hvorfor og i hvilket omfang der er tillagt renter for at nå frem til det udligningsberettigede subsidiebeløb.
Upon disclosure the GOI and one exporting producer submitted that, (i) the depreciation period used for capital goods has allegedly not been adequately disclosed to interested parties and (ii) that it was not sufficiently set out why and to which extent interest has been added to arrive at the countervailable subsidy amount.
Konklusion vedrørende EPCGS-ordningen
Conclusion on EPCG Scheme
EPCGS tilvejebringer subsidier i henhold til grundforordningens artikel 2, stk. 1, litra a), nr. ii), og artikel 2, stk. 2.
The EPCGS provides subsidies within the meaning of Article 2(1)(a)(ii) and Article 2(2) of the basic Regulation.
Toldnedsættelsen er et finansielt bidrag fra Indiens regering, da denne indrømmelse reducerer de toldindtægter, som staten ellers ville have haft.
The duty reduction constitutes a financial contribution by the GOI, since this concession decreases the GOI’s duty revenue which would be otherwise due.
Desuden medfører toldnedsættelsen en fordel for eksportøren, fordi toldbesparelsen ved import forbedrer selskabets likviditet.
In addition, the duty reduction confers a benefit upon the exporter, because the duties saved upon importation improve its liquidity.
Endvidere er EPCGS-ordningen retligt betinget af eksportresultater, da licenser ikke kan opnås uden en eksportforpligtelse.
Furthermore, the EPCGS is contingent in law upon export performance, since such licences can not be obtained without a commitment to export.
Den anses derfor for at være specifik og udligningsberettiget i henhold til artikel 3, stk. 4, litra a), i grundforordningen.
Therefore it is deemed to be specific and countervailable under Article 3(4)(a) of the basic Regulation.
Ordningen kan ikke betragtes som en tilladt toldgodtgørelses- eller substitutionsgodtgørelsesordning i henhold til grundforordningens artikel 2, stk. 1, litra a), nr. ii).
Eventually, this scheme can not be considered a permissible duty drawback system or substitution drawback system within the meaning of Article 2(1)(a)(ii) of the basic Regulation.
Investeringsgoder er ikke omfattet af anvendelsesområdet for sådanne tilladelige ordninger (jf. bilag I, punkt i), i grundforordningen), da de ikke forbruges ved produktionen af de eksporterede varer.
Capital goods are not covered by the scope of such permissible systems, as set out in Annex I, item (i), of the basic Regulation, because they are not consumed in the production of the exported products.
Subsidiebeløbet blev i overensstemmelse med grundforordningens artikel 7, stk. 3, beregnet på grundlag af den ikke betalte told på importerede investeringsgoder, fordelt over en periode, der afspejler den normale afskrivningsperiode for sådanne investeringsgoder i antibiotikaindustrien.
The subsidy amount was calculated, in accordance with Article 7(3) of the basic Regulation, on the basis of the unpaid customs duty on imported capital goods spread across a period which reflects the normal depreciation period of such capital goods in the antibiotics industry.
Efter fast praksis er det således beregnede beløb for den fornyede undersøgelsesperiode blevet justeret ved at tillægge renter i denne periode, så der sker en afspejling af den fulde værdi af fordelen over tid.
In accordance with the established practice, the amount so calculated which is attributable to the review investigation period has been adjusted by adding interest during this period in order to reflect the full value of the benefit over time.
Handelsrenten i Indien i den fornyede undersøgelsesperiode blev anset for velegnet til dette formål.
The commercial interest rate during the review investigation period in India was considered appropriate for this purpose.
Dette subsidiebeløb er i overensstemmelse med grundforordningens artikel 7, stk. 2 og 3, blevet fordelt over eksportomsætningen i den fornyede undersøgelsesperiode, da subsidiet er betinget af eksportresultater og ikke blev ydet i forhold til de fremstillede, eksporterede eller transporterede mængder.
In accordance with Article 7(2) and 7(3) of the basic Regulation this subsidy amount has been allocated over the export turnover during the review investigation period as appropriate denumerator, because the subsidy is contingent upon export performance and it was not granted by reference to the quantities manufactured, produced, exported or transported.
Fire selskaber opnåede fordele af denne ordning i den fornyede undersøgelsesperiode.
Four companies benefited from this scheme during the review investigation period.
De opnåede subsidier var ubetydelige.
The subsidies obtained were negligible.
Da EPCGS-ordningen ikke vil blive udlignet i den aktuelle sag, er det ikke nødvendigt at besvare de bemærkninger, der er fremsat om ordningen.
Since the EPCGS will not be countervailed in the case at hand, it is not necessary to respond to the corresponding disclosure comments.
»Export Credit Scheme« (ECS) (eksportkreditordningen)
Export Credit Scheme (ECS)
Ordningen er beskrevet i Master Circular IECD No. 5/04.02.02/2002-03 (Export Credit in Foreign Currency) og Master Circular IECD No. 4/04.02.02/2002-03 (Rupee Export Credit) fra Reserve Bank of India (RBI), der er rettet til alle forretningsbanker i Indien.
The details of the scheme are set by in Master Circular IECD No 5/04.02.02/2002-03 (Export Credit in Foreign Currency) and Master Circular IECD No 4/04.02.02/2002-03 (Rupee Export Credit) of the Reserve Bank of India (RBI), which is addressed to all commercial banks in India.
Denne ordning kan benyttes af producent-eksportører og forhandler-eksportører.
Manufacturing exporters and merchant exporters are eligible for this scheme.
Under denne ordning fastsætter RBI obligatoriske maksimumsrentesatser for eksportkreditter såvel i indiske rupees som i udenlandsk valuta, som forretningsbanker kan pålægge eksportører »med henblik på at stille kreditter til rådighed for eksportører til internationalt konkurrencedygtige renter«.
Under this scheme, the RBI mandatorily sets maximum ceiling interest rates applicable to export credits, both in Indian rupees or in foreign currency, which commercial banks can charge an exporter ‘with a view to making credit available to exporters at internationally competitive rates’.
ECS består af to underordninger, nemlig en ordning for eksportkredit før forsendelse (»pakkekredit«), som omfatter kreditter, der er ydet en eksportør med henblik på finansiering af køb, forarbejdning, fremstilling, pakning og/eller forsendelse af varer forud for eksporten, samt en ordning for eksportkredit efter forsendelse, der tilvejebringer arbejdskapitallån til finansiering af eksporttilgodehavender.
The ECS consists of two subschemes, the Pre-shipment export credit scheme (packing credit), which covers credits provided to an exporter for financing the purchase, processing, manufacturing, packing and/or shipping of goods prior to export, and the Post-shipment export credit scheme, which provides for working capital loans with the purpose of financing export receivables.
RBI pålægger også bankerne at yde en vis andel af deres nettobankkredit til eksportfinansiering.
The RBI also directs the banks to provide a certain amount of their net bank credit towards export finance.
Som følge af disse Master Circulars kan eksportører opnå eksportkreditter til rentesatser, der er gunstigere end renter for almindelige kommercielle kreditter (»kontaktkreditter«), der udelukkende fastsættes på markedsvilkår.
As a result of these RBI Master Circulars exporters can obtain export credits at preferential interest rates compared with the interest rates for ordinary commercial credits (cash credits), which are purely set under market conditions.
Det kan faktisk være muligt for selskaber med høj kreditværdighed at opnå eksportkreditter og kontaktkreditter på samme vilkår.
In fact, high rating companies might be in a position to obtain export credits and cash credits at the same conditions.
To eksportører, der opnåede fordele i henhold til denne ordning, fremførte, at ECS ikke er et udligningsberettiget subsidie.
Upon disclosure two exporters, which received benefits under this scheme, argued that the ECS is not a countervailable subsidy.
I denne forbindelse fremførte de, at i) et udligningsberettiget subsidie kræver overførsel af offentlige midler, ii) renten for ECS-kreditter er fastsat på markedsvilkår, fordi forskellige forretningsbanker tilbyder væsentligt forskellige rentesatser, og iii) renten for kontaktkreditter er højere end for eksportkreditter, fordi eksportfinansiering er mindre risikabel, og — for eksportkreditter i udenlandsk valuta — fordi inflationen angiveligt er lavere for frit omsættelige udenlandske valutaer end for rupeen, hvilket hævdedes at påvirke rentesatserne.
To this end, they submitted that (i) a countervailable subsidy requires the transfer of public funds, (ii) the rates for ECS credits are set under market conditions, because different commercial banks offer significantly different interest rates and (iii) interest rates for cash credits are higher as compared with those for export credits, because export financing is less risky (self executing) and, in case of foreign currency export credits, due to allegedly lower inflation of freely convertible foreign currencies as compared with the Indian rupee currency, which it was claimed to have an impact of the interest rates.
Endvidere hævdede en eksportør uden at fremlægge nye beregninger af subsidiemargenen, at man ved beregningen burde benytte satser, der anvendes af andre banker end dem, der under kontrolbesøget blev identificeret som udlånsbanker, og at man under alle omstændigheder kun burde benytte de laveste satser for såvel eksport- som kontantkreditter til sammenligningen.
Furthermore, one exporter claimed, and without providing any new calculation of the subsidy margin, that for calculation purposes rates of other banks, and not those banks identified during the verification visit as lending banks, should be used and in any event only the lowest rates both for export and cash credits taken for the comparison.
En anden eksportør hævdede uden at fremlægge beviser herfor, at lånebeløbet burde reduceres med 25 %, hvilket angiveligt repræsenterede egenkapitalen, selv om dette beløb figurerede i regnskaberne som ekstern kapital.
Another exporter argued without providing any evidence that the loan amount should be reduced by 25 %, which allegedly represents own capital, although in the accounts identified as foreign capital.
Konklusioner om ECS-ordningen
Conclusion on the ECS
For det første kan de præferentielle rentesatser for en ECS-kredit, der er fastsat i de i betragtning 107 nævnte RBI-cirkulærer, reducere en eksportørs renteomkostninger i forhold til renter, der udelukkende er fastsat på markedsvilkår, og de medfører i dette tilfælde en fordel for en sådan eksportør, jf. grundforordningens artikel 2, stk. 2.
Firstly, the preferential interest rates of an ECS credit set by the RBI Master Circulars mentioned in recital 107 can decrease interest costs of an exporter as compared with credit costs purely set by market conditions and confer in this case a benefit in the meaning of Article 2(2) of the basic Regulation on such exporter.
Kun for de samarbejdsvillige eksportører, hvor sådanne forskelle i satserne fandtes at eksistere, blev det konkluderet, at der var tale om en fordel.
Only in the case of those cooperating exporters, where such rate differences were found to exist, was it concluded that a benefit was conferred.
I modsætning til, hvad der er fremført i ovennævnte bemærkninger, kan disse rentesatsforskelle ikke forklares ved ren markedsmæssig adfærd fra forretningsbankernes side.
Contrary to the submissions set out above, those rate differences cannot be explained by pure market behaviour of the commercial banks.
Eksportfinansiering er ikke i sig selv mere sikker end hjemmemarkedsfinansiering.
Export financing is not per se more secure than domestic financing.
Den betragtes faktisk sædvanligvis som mere risikabel, og den sikkerhed, der kræves for en bestemt kredit, er uanset finansieringsobjektet en rent kommerciel afgørelse for den enkelte forretningsbank.
In fact, it is usually perceived as being more risky and the extent of security required for a certain credit, regardless of the finance object, is a purely commercial decision of a given commercial bank.
Forskelle i rentesatserne mellem forskellige banker er et resultat af RBI’s metode med at fastsætte individuelle udlånsrentelofter for hver enkelt forretningsbank.
Rate differences with regard to different banks are the result of the methodology of the RBI to set maximum lending rates for each commercial bank individually.
Desuden ville forretningsbankerne ikke være forpligtede til at give låntagere af eksportfinansiering en muligvis mere fordelagtig rente for eksportkreditter i udenlandsk valuta, hvis det ikke havde været for RBI’s cirkulærer.
In addition, but for the RBI Master Circulars, commercial banks would not be obliged to pass through to borrowers of export financing any perhaps more advantageous interest rates for export credits in foreign currency.
Ved sammenfatningen af svaret på de nævnte bemærkninger skal det erindres, at målet for RBI-cirkulærerne er at tilvejebringe eksportfinansiering til »internationalt konkurrencedygtige renter«, og RBI finder selv, at eksportkreditrenterne er »gunstige«.
Summarizing the response to those submissions, it should be recalled that the objective of the RBI Master Circulars is to provide export financing at ‘internationally competitive rates’ and the RBI itself considers export credit rates as ‘concessive’.
For det andet og til trods for, at de præferentielle kreditter i henhold til ECS ydes af forretningsbanker, er denne fordel et finansielt bidrag fra staten i henhold til grundforordningens artikel 2, stk. 1, nr. iv).
Secondly, and despite the fact that the preferential credits under the ECS are granted by commercial banks, this benefit is a financial contribution by a government in the meaning of Article 2(1)(iv) of the basic Regulation.
I denne forbindelse skal det bemærkes, at det hverken i grundforordningens artikel 2, stk. 1, nr. iv), eller WTO-aftalen om subsidier og udligningsforanstaltninger kræves, at der udbetales penge fra det offentlige — dvs. godtgørelse fra den indiske regering til forretningsbankerne — for at der skal være tale om subsidier, men kun at staten giver pålæg om at udføre funktioner, der er omhandlet i grundforordningens artikel 2, stk. 1, nr. i), ii) eller iii).
In this context, it should be noted that neither Article 2(1)(iv) of the basic Regulation nor the ASCM require a charge on the public accounts, e.g. reimbursement of the commercial banks by the GOI, to establish a subsidy, but only government direction to carry out functions illustrated in points (i), (ii) or (iii) of Article 2(1) of the basic Regulation.
RBI er et offentligt organ og er derfor omfattet af den definition af »staten«, der er givet i grundforordningens artikel 1, stk. 3.
The RBI is a public body and falls therefore under the definition of a ‘government’ as set out in Article 1(3) of the basic Regulation.
Banken er 100 % statsejet, forfølger mål for den offentlige politik (pengepolitikken), og dens ledelse udpeges af den indiske regering.
It is 100 % government-owned, pursues public policy objectives, e.g. monetary policy, and its management is appointed by the GOI.
RBI pålægger private organer betingelser, idet forretningsbankerne er forpligtet til at overholde bl.a. de rentelofter for eksportkreditter, der er fastsat i RBI-cirkulærerne, samt RBI’s bestemmelser om, at forretningsbanker skal afsætte en vis del af deres nettobankkredit til eksportfinansiering.
The RBI directs private bodies, since the commercial banks are bound by the conditions, inter alia, the maximum ceilings for interest rates on export credits mandated in the RBI Master Circulars and the RBI provisions that commercial banks have to provide a certain amount of their net bank credit towards export finance.
Dette forpligter forretningsbankerne til at udføre funktioner, der er omhandlet i grundforordningens artikel 2, stk. 1, litra a), nr. i), i dette tilfælde långivning i form af præferentiel eksportfinansiering.
This direction obliges commercial banks to carry out functions mentioned in Article 2(1)(a)(i) of the basic Regulation, in this case loans in the form of preferential export financing.
En sådan direkte overførsel af midler i form af lån på særlige vilkår ville normalt påhvile staten, og denne praksis afviger ikke reelt fra normal statslig praksis, jf. grundforordningens artikel 2, stk. 1, litra a), nr. iv).
Such direct transfer of funds in the form of loans under certain conditions would normally be vested in the government, and the practice, in no real sense, differs from practices normally followed by governments, Article 2(1)(a)(iv) of the basic Regulation.
Dette subsidie anses for at være specifikt og udligningsberettiget, da de præferentielle rentesatser kun indrømmes i forbindelse med finansiering af eksporttransaktioner, og det er derfor betinget af eksportresultater, jf. grundforordningens artikel 3, stk. 4, litra a).
This subsidy is deemed to be specific and countervailable since the preferential interest rates are only available in relation to the financing of export transactions and are therefore contingent upon export performance, Article 3(4)(a) of the basic Regulation.
Subsidiebeløbet er blevet beregnet på grundlag af forskellen mellem den rente, der blev betalt for eksportkreditter benyttet i den fornyede undersøgelsesperiode, og det beløb, der ville være blevet betalt, hvis der var anvendt samme rentesatser som for de almindelige kreditter på markedsvilkår, der benyttes af dette bestemte selskab.
The subsidy amount has been calculated on the basis of the difference between the interest paid for export credits used during the review investigation period and the amount that would have been payable if the same interest rates were applicable as for ordinary commercial credits used by the particular company.
Dette subsidiebeløb er i overensstemmelse med grundforordningens artikel 7, stk. 2, blevet fordelt over den samlede eksportomsætning i den fornyede undersøgelsesperiode, da subsidiet er betinget af eksportresultater og ikke blev ydet i forhold til de fremstillede, eksporterede eller transporterede mængder.
This subsidy amount (numerator) has been allocated over the total export turnover during the review investigation period as appropriate denumerator in accordance with Article 7(2) of the basic Regulation, because the subsidy is contingent upon export performance and it was not granted by reference to the quantities manufactured, produced, exported or transported.
En sent fremsat påstand fra en eksportør om, at det kreditbeløb, der blev verificeret under kontrolbesøget, burde nedsættes med 25 %, fordi denne andel angiveligt bestod af egne midler (hvilket ikke tidligere var blevet nævnt, heller ikke under kontrolbesøget), er ikke blevet underbygget og kan derfor ikke godtages.
The late claim made by one exporter that the credit amount as verified during the on the spot visit should be reduced by 25 % because it allegedly consisted to this extent of own founds, something not mentioned before or even during the verification visit, has not been substantiated and, therefore, cannot be accepted.
For så vidt angår kravet om, at der for de långivende banker skal benyttes nye oplysninger i stedet for de oplysninger, der blev afgivet under kontrolbesøget, må dette også afvises, da disse oplysninger ikke blev afgivet rettidigt og ikke kan bekræftes.
As far as the claim is concerned to use with regard to the lending banks new information instead of the information provided during the verification visit this has also to be refuted, because such information was not made available in good time and not subject to verification.
Under alle omstændigheder har denne eksportør ikke underbygget sin påstand om, at selskabet kun modtog eksportfinansiering fra de forretningsbanker, der havde de gunstigste vilkår.
In any event, this exporter has not substantiated its claim that it only obtained export financing by the commercial banks with the most favourable conditions.
Seks selskaber opnåede fordele i henhold til ECS.
Six companies availed of benefits under the ECS.
De opnåede subsidier på op til 2,3 %.
They obtained subsidies of up to 2,3 %.
»Income Tax Schemes« (indkomstskatteordninger)
Income Tax Schemes
»Export Income Tax Exemption Scheme« (EITES) (ordningen for fritagelse for indkomstskat af eksport)
Export Income Tax Exemption Scheme (EITES)
Section 80HHC i »Income Tax Act 1961« (indkomstskatteloven af 1961)
Section 80HHC of the Income Tax Act 1961 (ITA)
Det blev fastslået, at fire af de undersøgte eksportører opnåede en fordel i form af en delvis fritagelse for indkomstskat på fortjenesten af eksportsalget i den fornyede undersøgelsesperiode.
It was established that four of the investigated exporters received the benefit of a partial income tax exemption on profits derived from export sales during the review investigation period.
Retsgrundlaget for denne fritagelse er Section 80HHC i indkomstskatteloven af 1961.
The legal basis for this exemption is set by Section 80HHC of the ITA.
Denne bestemmelse i loven er afskaffet fra og med ligningsåret 2005-2006 (dvs. for regnskabsåret fra 1. april 2004 til 31. marts 2005).
This provision of the ITA was abolished for the assessment year 2005 to 2006 (i.e. for the financial year from 1 April 2004 to 31 March 2005) onwards.
Section 80HHC i indkomstskatteloven af 1961 vil derfor ikke bibringe ansøgeren fordele efter den 31. marts 2004.
Consequently, 80HHC of the ITA will not confer any benefits on the applicant after 31 March 2004.
Selv om fire af de undersøgte eksportører opnåede fordele af denne ordning i den fornyede undersøgelsesperiode, er ordningen senere blevet ophævet, og den udlignes derfor ikke, jf. grundforordningens artikel 15, stk. 1.
While four of the investigated exporters benefited from this scheme in the review investigation period, insofar as the scheme has since been withdrawn, it shall therefore not be countervailed, in accordance with Article 15(1) of the basic Regulation.
Section 10A og 10B i indkomstskatteloven af 1961
Sections 10A and 10B of the ITA
Frem til den 31. marts 2010 vil der fortsat være fuld fritagelse for indkomstskat på fortjenesten af eksportsalget for nyetablerede virksomheder i særlige økonomiske zoner, frihandelszoner, teknologiparker for elektronisk hardware eller software-teknologiparker (Section 10A) eller for nyetablerede eksportorienterede virksomheder (Section 10B) i de første ti produktionsår.
The full income tax exemption on profits derived from export sales of a newly established undertaking in a SEZ, a free trade zone, an electronic hardware technology park or a software technology park (section 10A ITA) or a newly established EOU (section 10B ITA) during the first 10 years of production continues to be in force till 31 March 2010.
Et selskab har i de seneste ti år opnået fordele i henhold til Section 10B, nemlig fra og med regnskabsåret 1993-1994.
One company availed during the past 10 years of benefits under section 10B ITA, starting in the financial year 1993 to 1994.
Fra og med regnskabsåret 2003-2004 vil dette selskab derfor ikke længere være berettiget til at opnå fordele i henhold til Section 10B.
For this reason, this company will no longer be eligible for benefits under section 10B ITA from the financial year 2003 to 2004 onwards.
Denne ordning skal derfor ikke udlignes i det foreliggende tilfælde, jf. grundforordningens artikel 15, stk. 1.
Therefore, in accordance with Article 15(1) of the basic Regulation, this scheme shall not be countervailed in the present case.
»Income Tax Incentive for Research and Development« (ITIRAD) (indkomstskattebegunstigelse for forskning og udvikling)
Income Tax Incentive for Research and Development (ITIRAD)