Sponsored
    Follow Us:
Sponsored

Seeks to Impose provisional anti-dumping duty on imports of ‘O-Acid” originating in exported from China PR

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)

NOTIFICATION No. 35/2017-Customs (ADD)

New Delhi, the 13th July, 2017

G.S.R. (E). – Whereas, in the matter of import of ‘O-Acid’ (hereinafter referred to as the subject goods), falling under Chapter 29 of the First Schedule to the Customs Taiff Act, 1975 (51 of 1975) (hereinafter referred to as the said Customs Taiff Act), originating in, or exported from China PR (hereinafter referred to as the subject country) and imported into India, the designated authority vide its preliminary findings No. 14/31/2016-DGAD, dated the 23rd May, 2017, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 23rd May, 2017, has come to the conclusion that-

(i) the subject goods have been exported to India from the subject country at price less their normal values in the domestic market of the exporting country;

(ii) the dumping margin of the subject goods imported from the subject country are substantial and above de-minimis;

(iii) the domestic industry has been materially retarded due to the dumped imports of subject goods from subject country; and

(iv) provisional anti-dumping duties are required to be imposed in order to address injury being suffered by the domestic industry during investigation, and has recommended imposition of provisional anti-dumping dno.uty equal to the lesser of the margin of dumping and the margin of injury, so as to remove the injury to the domestic industry;

Now, therefore, in exercise of the powers conferred by sub-section (2) of section 9A of the said Customs Tariff Act, read with rules 13 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, on the basis of the aforesaid 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 items of the First Schedule to the said 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), and 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 the exporters as specified in the corresponding entry in column (7), and imported into India, a provisional anti-dumping duty at the rate equal to the amount as specified in the corresponding entry in column (8), in the currency as specified in the corresponding entry in column (10) and per unit of measurement as specified in the corresponding entry in column (9) of the said Table:-

S. No.
Tariff item
Description of goods
Country Of origin
Country of export
Producer
Exporter
Duty amo-unt
Unit of meas-ure
Curr-ency
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
1
29419030
29152990
29163990
29183090
29189900
29349900
29411090
29419090
29420090
O-acid or Ofloxacin Acid
China PR
China PR
Jiangxi Chibang Pharmaceuti cal Co., Ltd
Jiangxi Chibang Pharmaceutical Co., Ltd
4.94
Kg
US Dollar
2
O-acid or Ofloxacin Acid
China PR
China PR
Jiangxi Chibang Pharmaceutical Co., Ltd
I. Zhejiang Chemicals Import & Export Co., Ltd.
ii. Zhejiang Hengdian Apeloa Imp.& Exp. Co. Ltd
7.50
Kg
US Dollar
3.
O-acid or OfloxacinAcid
China PR
China PR
M/s. Yancheng XinAnzhou Pharmaceutical Co., Ltd.
i. Zhejiang Chemicals Import & Export Co., Ltd.
ii. Zhejiang Hengdian Apeloa Imp.& Exp. Co., Ltd.
iii. Zhejiang Ueasy Business Service Co., Ltd.
iv. Zhejiang Xingyang Import & Export Co., Ltd.
5.04
Kg
US Dollar
4.
O-acid or Ofloxacin Acid
China PR
China PR
M/s. Inner
Mongolia
Yuanhong Fine
Chemical Co.,
Ltd
i. Dreamland Creation Inc.
ii. Zhejiang Ueasy Business Service Co., Ltd
iii.Zhejiang Yuanhong Medical & Chemical Technology Co., Ltd
iv. China Sinopharm International Corporation
8.55
Kg
US Dollar
5.
O-acid or Ofloxacin Acid
China PR
China PR
M/s. Jiangxi Dadi Pharmaceutical  Limited Liability Company
Zhejiang Hengdian Apeloa Imp. & Exp. Co., Ltd.
0.03
Kg
US
Dollar
6.
O-acid or Ofloxacin Acid
China PR
China PR
M/s. Zhejiang
Yuanhong
Medical and
Chemical
Technology
Co., Ltd
i. Zhejiang Medicines & Health  Products Co., Ltd
ii. China Sinopharm  International  Corporation
iii. Zhejiang Chemicals  Import &  Export Co., Ltd.
iv. Zhejiang Xingyang  Import & Export Co., Ltd.
v. Dreamland Creation Inc.
vi. Shanghai Changyu Chemical  Technology Co., Ltd
3.57
Kg
US Dollar
7.
29419030
29152990
29163990
29183090
29189900
29349900
29411090
29419090
29420090
O-acid or Ofloxacin Acid
China PR
China PR
Any combination other than mentioned in Sl No-1 to 6 above
8.79
Kg
US
Dollar
8.
O-acid or Ofloxacin Acid
China PR
Any country other than China PR
Any
Any
8.79
Kg
US Dollar
9.
O-acid or Ofloxacin Acid
Any country other than China PR
China PR
Any
Any
8.79
Kg
Kg

2. The provisional anti-dumping duty imposed under this notification shall be effective for a period of six months (unless revoked, amended or superseded 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 Customs Act.

[F.No.354/1 1 1/2017 –TRU]

(Ruchi Bisht)

Under Secretary to the Government of India.

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031