Anti-dumping Duty on Acetone
from EU, USA, South Africa and Singapore
·
Duty for Singapore Slashed in Review
[Notification No. 14/2019-Customs (ADD)
dated 25 March 2019]
Whereas,
the designated authority, vide notification
No.7/26/2018 DGAD, dated the 6th July, 2018, published in the
Gazette of India, Extraordinary, Part I, Section 1, dated the 6th July,
2018, had initiated the review in term of sub-section (5) of section 9 A of the
Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs
Tariff Act) and in pursuance of rule 23 of the Customs Tariff (Identification,
Assessment and Collection of Anti-dumping Duty on Dumped Articles and for
Determination of Injury) Rules, 1995, in the matter of continuation of
anti-dumping duty on imports of ‘Acetone’ (hereinafter referred to as the
subject goods), falling under the tariff item 2914 11 00 of the First Schedule
to the Customs Tariff Act, originating in or exported from European Union,
Singapore, South Africa and United States of America (hereinafter referred to
as the subject countries), imposed vide notification
of the Government of India, in the Ministry of Finance (Department of Revenue),
No. 10/2014- Customs (ADD), dated the 11th March, 2014 published in
the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number
G.S.R. 178 (E), dated the 11th March, 2014;
And
whereas, in the matter of review of anti-dumping duty on imports of the subject
goods, originating in or exported from the subject country, the Designated
Authority in its final findings, published vide
notification No.7/26/2018-DGAD, dated the 5th March, 2019
published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 5th
March, 2019, has come to the conclusion that-
(1) The product under
consideration continues to be imported at the dumped
prices from the subject countries;
(2) The domestic industry
has suffered continued injury on account of dumped
imports;
(3) The continued
injury to the domestic industry in on account of dumped
imports and is likely to continue if the anti-dumping duties from subject
countries are ceased;
(4) The information
on record clearly shows likelihood of continuation of dumping and injury in
case the ADD in force is allowed to cease at this
stage;
(5) One producer exporter
has cooperated from Singapore during the review investigation. M/s Mitsui
Phenols Singapore Pte. Ltd has exported to India below the normal value and
dumped imports are causing the material injury to the DI;
(6) None of the
producer’s exporters from European Union, South Africa and United States of
America have co-operated in the present review investigation. The data
available indicates that exports from these countries have
been made at prices below the normal value;
And
has recommended the imposition of definitive anti-dumping duty on the imports
of subject goods, originating in or exported from the 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, 20 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 tariff item of the
First Schedule to the Customs Tariff Act as specified in the corresponding
entry in column (2), originating in or exported from the countries as specified
in the corresponding entry in column (4), produced by the producers as
specified in the corresponding entry in column (5), and imported into India, an
anti-dumping duty at the rate equal to the amount as specified in the
corresponding entry in column (6), in the currency and per unit of measurement
specified in the corresponding entry in column (7) of the said Table.
Table
|
S. No. |
Tariff Item |
Description of
Goods |
Country of Origin
and/or Export |
Producer |
Duty Amount |
Unit |
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
|
1. |
2914 1100 |
Acetone |
Singapore |
M/s Mitsui Phenols
Singapore Pte. Ltd |
56.91 |
USD/MT |
|
2. |
Singapore |
Any other |
121.04 |
USD/MT |
||
|
3. |
European Union |
Any |
277.85 |
USD/MT |
||
|
4. |
South Africa |
Any |
179.65 |
USD/MT |
||
|
5. |
USA |
Any |
213.76 |
USD/MT |
2.
The anti-dumping duty imposed 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 payable 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 Act.
[F. No. 354/65/2007
–TRU (Pt. III)]