WHEREAS in the matter of import of Ethylene Propylene Diene Rubber (EPDM), falling under Chapter 40 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from Korea RP, the Designated Authority vide its preliminary findings, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 23rd March, 2000 had come to the conclusion that -

(i)        Ethylene Propylene Diene Rubber originating in or exported from Korea RP has been exported to India below normal value, resulting in dumping,

(ii)       the Indian industry has suffered material injury;

(iii)       the injury has been caused by the imports from the subject country;

and has considered it necessary to impose anti dumping duty, provisionally, pending final determination of all imports of Ethylene Propylene Diene Rubber (EPDM), originating in or exported from the subject country.

AND WHEREAS on the basis of the aforesaid findings of the Designated Authority, the Central Government had imposed an anti-dumping duty vide notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 70/2000-Customs, dated the 9th May, 2000, published in Part II, Section 3, Sub-section (i) of the Gazette of India, Extraordinary, vide No. G.S.R. 467(E) dated the 19th May 2000;

AND WHEREAS the Designated Authority vide its final findings, dated the 21st August, 2000, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 21st August, 2000, has come to the conclusion that -

(i)        EPDM originating in or exported from Korea RP has been exported to India below normal value;

(ii)       the Indian industry has suffered material injury;

(iii)       the injury has been caused by the domestic industry by dumping of the subject goods originating in or exported from Korea RP.

Now, therefore, in exercise of the powers conferred by sub-section (1) of section 9A of the Customs Tariff Act, read with sub-section (5) of the said section 9A and 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, on the basis of the aforesaid final findings of the Designated Authority hereby imposes on Ethylene Propylene Diene Rubber (EPDM), falling under sub-heading No. 4002.70 of the First Schedule to the said Customs Tariff Act, originating in or exported from Korea RP when exported by the exporter mentioned in the column (2) of the Table annexed hereto, and imported into India, and anti-dumping duty at the rate equivalent to the difference between amount  specified in corresponding entry in column (3) of the said Table and the landed value of such imported Ethylene Propylene Diene Rubber (EPDM) per metric tonne.

 2.     The anti-dumping duty imposed under this notification shall be levied with effect from the date of the imposition of the provisional duty i.e. the 19th May 2000; and be paid in Indian currency.