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Anti-dumping duty: Optical Fibre export originating from Korea, RP
WHEREAS in the matter of import
of Optical Fibre falling under sub-heading No. 9001.10 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 5th
November, 1999 had come to the conclusion that-
(a) Optical Fibre, originating in, or
exported from, Korea RP has been exported to India below normal value, resulting
in dumping;
(b) the
Indian industry has suffered material injury;
(c) the
injury has been cause cumulatively by the dumped imports 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. 136/99-Customs, dated the 29th
December, 1999, published in Part II, Section 3, Sub-section (i) of the Gazette
of India, Extraordinary, dated the 29th December, 1999;
AND WHEREAS the Designated
Authority vide its final findings published in the Gazette of India,
Extraordinary, Part 1, Section 1, dated the 14th June, 2000 has come
to the conclusion that-
(a) Optical Fibre, originating in, or exported
from, Korea RP has been exported to India at a price below normal value,
resulting in dumping;
(b) the
domestic industry has suffered material injury;
(c) the injury has been cause to the domestic
industry by the dumping of the
subject goods originating in or exports
form the subject country;
Now, therefore, in exercise of
the powers conferred by sub-sections (1) of section 9A of the said Customs
Tariff Act read with sub-section (5) thereof, 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 Optical Fibre, falling under sub-heading No. 9001.10 of the First
Schedule to the Customs Tariff Act, originating in, or exported from, Korea RP,
and when exported by exporters mentioned in column (1) of the Table annexed
hereto, and imported into India, an anti-dumping duty at the rate specified in
the corresponding entry in column (2) of the said Table
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Exported / Producer
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Amount (US$ per
K.M.)
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(1)
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(2)
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(i) Samsung Electronics
Ltd.
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2.32
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(ii) Daewoo Corporation
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8.96
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(iii) L.G. Cables and
Machinery Ltd.
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4.83
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(iv) Taihan Electric Wire
Co. Ltd.
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5.18
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(v) All other exporters
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8.96
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2. The anti-dumping duty imposed under
this notification shall be levied with effect from the date of imposition of the
provisional anti-dumping duty i.e. the 29th December 1999 and shall
be payable in Indian currency.
Explanation- For the purpose of
conversion of the amount specified in column (2) of the Table above into Indian
currency, the �rate of exchange� applicable shall be the rate notified by
the Central Government under sub-clause (i) of clause (a) of sub-section (3) of
section 14 of the Customs Act, 1962 (52 of 1962) and in force on the date on
which the bill of entry is presented under section 46 of the said Customs Act.
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