Acrylic Fibre from Taiwan Final Findings

Anti-dumping duty on acrylic fibre has been converted to dollar rates from rupee rates. In the case of Formosa Plastic Corporation the duty has been doubled. The duty on others will remain unchanged.

Ntfn 102 Whereas in the matter of import of
18.07.2000 Acrylic Fibre, including tow and
tops, falling under Chapter 55 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in or exported from Taiwan, the designated authority, vide its preliminary findings, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 11th November, 1999-

And whereas the designated authority vide notification No. 27/1/99-DGAD, dated the 11th July, 2000, published in Part I, Section 1 of the Gazette of India Extraordinary, dated the 11th July, 2000, has in its final findings concluded that

(a) Acrylic Fibre originating in or exported from Taiwan has been exported to India below its normal value;

(b) the domestic industry has suffered material injury;

(c) the injury has been caused to the domestic industry by the dumping of the subject goods originating in or exported from Taiwan.

an anti-dumping duty at the rate specified in the corresponding entry in column (3) of the said Table.

Table

SNo

Name of the Company or Exporter

Amount of anti-dumping duty (in US $ per kg.)

1.

M/s. Formosa Plastics Corporation

0.140

2.

Any other exporter

0.240

2. The anti-dumping duty imposed under this notification shall be levied with effect from the date of imposition of the provisional duty, i.e., the 12th January, 2000.