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Anti-Dumping Duty: Polyisobutylene export originating from the European
Union, Brazil, Japan, People�s Republic of Korea, Singapore and Thailand
WHEREAS in the matter of import of Polyisobutylene falling under
sub heading 3902.20 of the First Schedule to the Customs Tariff Act, 1975 (51 of
1975), originating in, or exported from, the European Union, Brazil, Japan,
People�s Republic of Korea, Singapore and Thailand, the designated authority vide
its preliminary findings, published in the Gazette of India, Extraordinary, Part
I, Section 1, dated the 12th December, 2001, has come to the
conclusion that -
(a)
Polyisobutylene originating in, or exported from, the European Union,
Brazil, Japan, People�s Republic of Korea, Singapore and Thailand, have been
exported to India below normal value, resulting in dumping;
(b)
the Indian industry has suffered material injury only from exports of
Poly-Iso-Butylene from Brazil, Japan, People�s Republic of Korea and
Singapore;
(c)
injury has been caused cumulatively by the imports from Brazil, Japan,
People�s Republic of Korea and Singapore;
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 above findings of the designated authority, hereby
imposes on Polyisobutylene falling under sub-heading 3902.20 of the First
Schedule to the said Customs Tariff Act, originating in, or exported from,
country or territory specified in column (2) of the Table annexed below, and
exported by exporters specified in corresponding entries in column (3) of the
said Table, an anti-dumping duty at the rate which is to be calculated as the
difference between the amount specified in the corresponding entries in column
(4) and landed value of such imported Polyisobutylene per metric tonne.
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Sl.
No
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Name
of the Country/Territory
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Name
of the Producer/ Exporter
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Amount
(in US $ per metric tonne)
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(1)
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(2)
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(3)
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(4)
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1
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People�s
Republic of Korea
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(i)
M/s Daelim Corporation Ltd.
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1037.77
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(ii)
All other exporters/producers
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1037.77
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2
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Brazil
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All
exporters/producers
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1037.77
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3
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Japan
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All
exporters/producers
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1037.77
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4
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Singapore
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All
exporters/producers
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1037.77
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2. The
anti-dumping duty imposed under this notification shall be effective upto and
inclusive of the 15th day of July 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 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 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.
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