Anti-dumping duty on import of Acetone, originating in or exported from Chinese Taipei and Saudi Arabia

TG Team 16 Apr 2015 2,018 Views 0 comment Print Custom Duty | Notifications ADD, Notifications/Circulars

Notification No. 13/2015-Customs (ADD)

Dated-16th April, 2015

G.S.R. (E). –Whereas, in the matter of ‘‘Acetone’ (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 Chinese Taipei and Saudi Arabia (hereinafter referred to as the 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 number 14/16/2012-DGAD dated the 22nd January, 2015, had come to the conclusion that –

(i) the subject goods have been exported to India from the subject countries below its associated normal value;

(ii) the domestic industry has suffered material injury on account of imports from the subject countries;

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

and has recommended imposition of definitive anti-dumping duty on imports of the subject goods, originating in or exported from 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, specification of which is specified in column (4), falling under tariff item 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, namely:-.

Table

Sl. No.	Tariff Item	Description of goods	Specificati ons	Country of origin	Country of export	Producer	Exporter	Amount	Unit	Curren cy
(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)	(11)
1	2914 11 00	Acetone	In all forms and strengths	Chinese Taipei	Chinese Taipei	Formosa Chemicals and Fibre Corporation	Formosa Chemicals and Fibre Corporation	86.10	MT	US Dollar
2	2914 11 00	Acetone	In all forms and strengths	Chinese Taipei	Chinese Taipei	Formosa Chemicals and Fibre Corporation	M/s Kolmar Group AG, Switzerland	86.10	MT	US Dollar
3	2914 11 00	Acetone	In all forms and strengths	Chinese Taipei	Chinese Taipei	Taiwan Prosperity Chemicals Corporation	Taiwan Prosperity Chemicals Corporation	205.05	MT	US Dollar
4	2914 11 00	Acetone	In all forms and strengths	Chinese Taipei	Chinese Taipei	Any combination other than Sl. No 1 to 3 above		271.37	MT	US Dollar
5	2914 11 00	Acetone	In all forms and strengths	Chinese Taipei	Any country other than Chinese Taipei and countries attracting anti dumping duty	Any	Any	271.37	MT	US Dollar
6	2914 11 00	Acetone	In all forms and strengths	Any country other than Chinese Taipei and countries attracting anti dumping duty	Chinese Taipei	Any	Any	271.37	MT	US Dollar
7	2914 11 00	Acetone	In all forms and strengths	Saudi Arabia	Saudi Arabia	Saudi Kayan Petrochemic al Company	Saudi Basic Industries Corporation	132.98	MT	US Dollar
8	2914 11 00	Acetone	In all forms and strengths	Saudi Arabia	Saudi Arabia	Saudi Kayan Petrochemical Company	Saudi Kayan Petrochemi cal Company	132.98	MT	US Dollar
9	2914 11 00	Acetone	In all forms and strengths	Saudi Arabia	Saudi Arabia	Any combination other than Sl. No 7 and 8 above		203.85	MT	US Dollar
10	2914 11 00	Acetone	In all forms and strengths	Any country	Saudi Arabia other than Saudi Arabia and countries attracting anti dumping duty	Any	Any	203.85	MT	US Dollar
11	2914 11 00	Acetone	In all forms and strengths	Saudi Arabia	Any country other than Saudi Arabia and countries attracting anti dumping duty	Any	Any	203.85	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 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.354/93/201 4-TRU]

(Akshay Joshi)

Under Secretary to the Government of India