Anti-dumping Duty Revised Upwards by 2.5 times on Flexible Slabstock Polyol from Singapore – New Duty Raised to
$153.89/MT in Final findings
·
Australia
and EU Out of the Net
[Notification No. 14/2020-Customs (ADD)
dated 9 June 2020]
Seeks to impose anti-dumping duty on import of Flexible Slabstock Polyol originating in or exported from Singapore
for a period of 5 years, in pursuance of sunset review final findings issued by
DGTR.
G.S.R.
(E). – Whereas, the designated authority, vide notification No.7/12/2019-DGTR,
dated the 9th , 2019, published in the Gazette of India,
Extraordinary, Part I, Section 1, had initiated a review in the matter of
continuation of anti-dumping duty on imports of ''Flexible Slabstock
Polyol of molecular weight 3000-4000" (hereinafter referred to as the
subject goods) falling under sub-heading 3907 20 of the First Schedule to the
Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs
Tariff Act), originating in or exported from Singapore (hereinafter referred to
as the subject country), imposed vide notification
of the Government of India, in the Ministry of Finance (Department of Revenue)
No. 09/2015- Customs (ADD), dated the 7th April, 2015, published in
the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number
G.S.R. 267(E), dated the 7th April 2015;
And
whereas, in the matter of review of anti-dumping duty on import of the subject
goods, originating in or exported from the subject country, the designated
authority in its final findings, published vide notification No.7/12/2019-DGTR,
dated the 17th March, 2020, in the Gazette of India, Extraordinary,
Part I, Section 1, has come to the conclusion that-
(i) there
is continued dumping of the subject goods from subject country and the imports
are likely to enter the Indian market at dumped prices in the event of expiry
of duty;
(ii) the
domestic industry has suffered continued injury on account of dumped imports
from the subject country;
(iii) the information on
record shows likelihood of continuation of dumping and injury in case the
anti-dumping duty in force is allowed to cease at this stage;
(iv) there is sufficient
evidence to indicate that the revocation of the anti-dumping duty at this stage
will lead to continuation of dumping and injury to the Domestic Industry;
and
has recommended continuation of definitive anti-dumping duty, as modified
therein, on the subject goods, originating in or exported from the subject
country.
Now,
therefore, in exercise of the powers conferred by sub-sections (1) and (5) of
section 9A of the Customs Tariff Act, read with rules 18 and 23 of the Customs
Tariff (Identification, Assessment and Collection of Anti-dumping Duty on
Dumped Articles and for Determination of Injury) Rules, 1995, the Central
Government, after considering the aforesaid final findings of the designated
authority, hereby imposes on the subject goods, the description of which is
specified in column (3) of the Table below, falling under sub-heading of the
First Schedule to the Customs Tariff Act as specified in the corresponding
entry in column (2), originating in the countries as specified in the
corresponding entry in column (4), exported from the countries as specified in
the corresponding entry in column (5), produced by the producers as specified
in the corresponding entry in column (6), exported by any exporter, and
imported into India, an anti-dumping duty at the rate equal to the amount as
specified in the corresponding entry in column (7), in the currency as
specified in the corresponding entry in column (9) and as per unit of
measurement as specified in the corresponding entry in column (8) of the said
Table, namely:-
Table
|
S.
No. |
Sub-
heading |
Description
of Goods |
Country
of origin |
Country
of exports |
Producer |
Amount |
Unit
of measure- ment |
Currency |
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
|
1. |
3907.20 |
Flexible
Slabstock Polyol of Molecular weight 3000- 4000 |
Singapore |
Any
country including Singapore |
M/s
Shell Eastern Petroleum (Pte) Ltd |
45.73 |
MT |
US$ |
|
2. |
-do- |
-do- |
Singapore |
Any
country including Singapore |
Any
other producer other than serial no. 1 |
153.89 |
MT |
US$ |
|
3. |
-do- |
-do- |
Any
country other than Singapore |
Singapore |
Any |
153.89 |
MT |
US$ |
2.
The anti-dumping duty imposed under this notification shall be effective for a
period of five years (unless revoked, superseded or amended earlier) from the
date of its publication and shall be paid in Indian currency.
Explanation.-
For the purposes of this notification, rate of exchange applicable for the
purposes of calculation of such anti-dumping duty shall be the rate which is
specified in the notification of the Government of India, in the Ministry of
Finance (Department of Revenue), issued from time to time, in exercise of the
powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and the
relevant date for the determination of the rate of exchange shall be the date
of presentation of the bill of entry under section 46 of the said Customs Act.
[F. No. 354/92/2014-TRU (Pt-I)]