Customs Notification No. 2 dated 2^nd January 2003

WHEREAS in the matter of import of Mulberry Raw Silk (not thrown), 2A grade and below (hereinafter referred to as the subject goods), falling under sub-heading 5002.00 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, Peoples� Republic of China, the designated authority vide its preliminary findings, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 20^th December, 2002, has come to the conclusion that �

(a)     the subject goods originating in, or exported from, Peoples� Republic of China have been exported to India below normal value, resulting in dumping;

(b)       the domestic industry has suffered injury;

(c)       the injury has been caused by imports from Peoples� Republic of China; and the designated authority has recommended imposition of anti-dumping duty, provisionally, pending final determination, on all imports of the subject goods, originating in, or exported from Peoples� Republic of China;

NOW, therefore, in exercise of the 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 the subject goods, the description of which is specified in column (3) of the Table below, falling under sub-heading of the First schedule to the said Customs Tariff Act as specified in the corresponding entry in column (2), the specification of which is specified in column (4), originating in the countries as specified in the corresponding entry in column (5), and produced by the producer as specified in the corresponding entry in column (7), when exported from the countries as specified in the corresponding entry in column (6), by the exporters as specified in the corresponding entry in column (8), and imported into India, an anti-dumping duty at a rate which is equivalent to the difference between the amount as specified in the corresponding entry in column (9), in the currency as specified in the corresponding entry in column (11) and per unit of measurement as specified in the corresponding entry in column (10), of the said Table, and the landed value of such imported goods in like currency per like unit of measurement.

Table

2.      The anti-dumping duty imposed under this notification shall be effective upto and inclusive of the 1^st day of July 2003 and shall be payable in Indian currency.