Pentaerythritol from Russia Hit with $474/MT of Anti-dumping Duty for
Five Years
[Customs
Notification No. 20 (ADD) dated 22nd May 2015]
Whereas, in the
matter of “Pentaerythritol” (hereinafter referred to
as the subject goods), falling under Chapter 29 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 Russia
(hereinafter referred to as the subject country), and imported into
India, the designated authority in its final findings published in the Gazette
of India, Extraordinary, Part I, Section 1,vide notification number 14/26/2012-DGAD
dated the 11th December, 2014, had come to the conclusion that –
(i) the subject
goods have been exported to India from the subject country below its associated
normal value, thus, resulting in dumping of the product;
(ii) the domestic
industry has suffered material injury in respect of the subject goods;
(iii) the material
injury has been caused by the dumped imports from the subject country,
and has recommended
imposition of definitive anti-dumping duty on imports of the subject goods,
originating in or exported from subject country and imported into India, in
order to remove injury to the domestic industry;
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 20 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, specification of which is specified in column
(4), 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 (5), exported from
the countries as specified in the corresponding entry in column (6), produced
by the producers as specified in the corresponding entry in column (7),
exported by the exporters as specified in the corresponding entry in column
(8), imported into India, an anti-dumping duty at the rate equal to the amount
as specified in the corresponding entry in column (9) in the currency as specified
in the corresponding entry in column (11) and as per unit of measurement as
specified in the corresponding entry in column (10) of the said Table.
|
Table |
||||||||||
|
SNo. |
Sub-heading |
Description
of goods |
Specifications |
Country
of origin |
Country
of export |
Producer |
Exporter |
Amount |
Unit |
Currency |
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
(8) |
(9) |
(10) |
(11) |
|
1 |
2905
42 |
Pentaerythritol |
Any grade |
Russia |
Russia |
Any |
Any |
474 |
MT |
US
Dollar |
|
2 |
2905
42 |
Pentaerythritol |
Any
grade |
Russia |
Any
country other than Russia |
Any |
Any |
474 |
MT |
US
Dollar |
|
3 |
2905
42 |
Pentaerythritol |
Any
grade |
Any
country other than Russia |
Russia |
Any |
Any |
474 |
MT |
US
Dollar |
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 publication of this notification in the Official Gazette 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.354/84/2014-TRU]