Safeguard Duty of 10% on Phthalic Anhydride for One Year under Final Findings

[Customs Notification No. 03 (SG) dated 29^th May 2012]

Whereas, in the matter of import of Phthalic anhydride (hereinafter referred to as the subject goods), falling under tariff item 2917 35 00 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the said Act), the Director General (Safeguard), in preliminary findings, vide number G.S.R. 719 (E), dated the 23rd September, 2011, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated the 23rd September, had come to the conclusion that increased imports of Phthalic anhydride into India had caused and threatened to cause further serious injury to the domestic producers of Phthalic anhydride and it had necessitated the imposition of provisional safeguard duty on imports of Phthalic anhydride into India;

And whereas, on the basis of the aforesaid findings of the Director General (Safeguard), the Central Government had imposed provisional safeguard duty on imports of the subject goods vide notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 1/2012-Customs (SG), dated the 17th January, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.29 (E), dated the 17th January, 2012;

And whereas, the Director General (Safeguard) in its final findings vide number G.S.R. 263(E), dated the 29th March, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated the 29th March, 2012, had come to the conclusion that increased imports of Phthalic anhydride into India had caused and threatened to cause further serious injury to the domestic producers of Phthalic anhydride and it necessitated the imposition of safeguard duty on imports of Phthalic anhydride into India, and had recommended the imposition of safeguard duty on imports of the subject goods into India;

Now, therefore, in exercise of the powers conferred by sub-section (1) of section 8B of the said Act, read with rules 12 and 14 of the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997, the Central Government after considering the said findings of the Director General (Safeguards), hereby imposes on Phthalic anhydride, falling under tariff item 2917 35 00 of the First Schedule to the said Act, when imported into India, a safeguard duty at the rate of 10% ad valorem, when imported from the 17th day of January, 2012 to 16th day of January, 2013 (both days inclusive).

2. Nothing contained in this notification shall apply to imports of Phthalic anhydride from countries notified as developing countries under clause (a) of sub-section (6) of section 8B of the said Act, other than Pakistan, China and Thailand.

[F. No.354/1/2012-TRU]