Anti dumping duty on import of fishnet or fishing nets

seeks to impose definitive anti dumping duty on imports fishnet or fishing nets originating from China or Bangladesh. 

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(Department of Revenue)

Notification No. 20/2018-Customs (ADD)

New Delhi, the 10^th April, 2018

G.S. R. 359(E). –Whereas, in the matter of ‘Fishing Net’ (hereinafter referred to as the subject goods) falling under tariff item 5608 11 10 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 China PR and Bangladesh (hereinafter referred to as subject countries), and imported into India, the Designated Authority in its final findings, published in the Gazette of India, Extraordinary, Part I, Section 1, vide notification No. 14/44/2016-DGAD, dated the 5th March, 2018, has come to the conclusion that –

(i) the subject goods have been exported to India from the subject countries below its normal value, resulting in dumping;

(ii) the domestic industry has suffered material injury due to dumping of the product under consideration from the subject countries;

(iii) the material injury has been caused by the dumped imports of the subject goods from subject countries;

and has recommended imposition of definitive anti-dumping duty on imports of the subject goods, originating in, or exported from the subject countries 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, falling under 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), 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, an anti-dumping duty at the rate equal to the amount as specified in the corresponding entry in column (8), in the unit as specified in the corresponding entry in column (9) of the said Table, namely:-

Table

** “Fishnet” or “Fishing Net” for the purposes of this notification means Fishnet or Fishing Nets made up of Nylon only-whether 100% or blended, and in case of blended, it includes Fishnets or Fishing Nets containing 50% or more Nylon by weight. It does not include HDPE Fishnet or Fishing Net.

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 purpose 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. 354/74/2018 -TRU]

(Ruchi Bisht)

Under Secretary to the Government of India