[PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II SECTION 3, SUB-SECTION (I)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
7th February, 2002
Notification No. 14/2002-Customs
WHEREAS in the matter of import of Vitamin AD3 500/100 falling under Chapter 23 or 29 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, the People’s Republic of China, the designated authority vide its preliminary findings, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 2nd January, 2002, has come to the conclusion that –
(a) Vitamin AD3 500/100 originating in, or exported from, the People’s Republic of China, has been exported to India below normal value, resulting in dumping;Online GST Certification Course by TaxGuru & MSME- Click here to Join
(b) the Indian industry has suffered material injury;
(c) the injury has been caused by imports from the People’s Republic of China;
Now, therefore, in exercise of 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 Vitamin AD3 500/100 falling under Chapter 23 or 29 of the First Schedule to the said Customs Tariff Act, originating in, or exported from, the People’s Republic of China, and exported by all exporters/producers and imported into India, an anti-dumping duty at the rate which is to be calculated as the difference between US $ 40.02 and landed value of such imported Vitamin AD3 500/100 per Kilogramme.
2. The anti-dumping duty imposed under this notification shall be effective upto and inclusive of the 6 th day of August, 2002, and shall be payable in Indian currency.
Explanation. – For the purposes of this notification, –
(a) “landed value” means the assessable value as determined under the Customs Act, 1962 (52 of 1962) and includes all duties of Customs except duties levied under sections 3, 3A, 8B, 9 and 9A of the said Customs Tariff Act;
(b) rate of exchange applicable for the purposes of calculation of 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 under sub-clause (i) of clause (a) of sub-section (3) of section 14 of the said Customs Act, and the relevant date for 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.
Under Secretary to the Government of India