CBIC imposes Provisional anti-dumping duty (ADD) on UDCA import from China and Korea vide Notification No. 25/2022-Customs (ADD) | Dated: 18th August, 2022. 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duty imposed under this notification shall be effective for a period of six months, unless revoked, amended or superseded earlier, from the date of publication of this notification in the Official Gazette and shall be payable in Indian currency.

MINISTRY OF FINANCE
(Department of Revenue)
New Delhi

Notification No. 25/2022-Customs (ADD) | Dated: 18th August, 2022

G.S.R. 637(E).—Whereas, in the matter of ‘Ursodeoxycholic Acid (UDCA)’ (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 China PR and Korea RP (hereinafter referred to as the subject countries) and imported into India, the designated authority vide its preliminary findings No. 6/15/2021-DGTR, dated the 30th June, 2022, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 30th June, 2022, has provisionally concluded that-

(i) the product under consideration that has been exported to India from the subject countries are at dumped prices;

(ii) the domestic industry has suffered material injury;

(iii) material injury has been caused by the dumped imports of the subject goods from the subject countries, and has recommended imposition of provisional 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-section (2) of section 9A of the 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 preliminary findings of the designated authority, hereby imposes on the subject goods, the description of which is specified in column (3) of the following Table, falling under the Chapter 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), 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), and imported into India, a provisional anti­dumping duty at a rate equal to the difference between the landed value of subject goods and the amount specified as reference price in the corresponding entry in column (7), provided that the landed value is less than the amount indicated in column (7), in the currency as specified in the corresponding entry in column (9) and as per unit of measurement as specified in the corresponding entry in column (8) of the said Table, namely:-

TABLE

Sl.
No.

Chapter Description
of goods
Country of
origin
Country of
exports
Producer Reference Price Unit Currency
(1) (2) (3) (4) (5) (6) (7) (8) (9)
1 29* Ursodeoxyc holic Acid China PR Any country
including China PR
Zhongshan Belling
Biotechnology Co., Ltd.
424.17 KG USD
2 -do- -do- China PR Any country
including China PR
Sichuan Xieli
Pharmaceutical Co., Ltd.
429.33 KG USD
3 -do- -do- China PR Any country
including China PR
Suzhou Tianlu Bio-pharmaceutical Co., Ltd. 439.47 KG USD
4 -do- -do- China PR Any country
including China PR
Any other producer 455.01 KG USD
5 -do- -do- Any country other than China PR and Korea RP China PR Any 455.01 KG USD
6 -do- -do- Korea RP Any Country
including Korea RP
Daewoong Bio
Incorporated
371.18 KG USD
7 -do- -do- Korea RP Any Country
including Korea RP
Any other producer 374.45 KG USD
8 -do- -do- Any country other than China PR and Korea RP Korea RP Any 374.45 KG USD

* 2915, 2916, 2918, 2922, 2924, 2931, 2933, 2934, 2939, 2941 and 2942. However, the product is majorly imported under 29181690 and 29181990.

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 the 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. 190354/185/2022 –TRU]

NITISH KARNATAK, Under Secy.

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