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Anti-Dumping Duty: Potassium Permanganate export originating from
People�s Republic of China, Hong Kong and Taiwan
WHEREAS in the matter of import of Potassium Permanganate
falling under sub-heading No. 2841.61 of the First Schedule to the Customs
Tariff Act, 1975 (51 of 1975), originating in, or exported from the People�s
Republic of China, Hong Kong and Taiwan, the designated authority vide its
preliminary findings, published in the Gazette of India, Extraordinary, Part I,
Section 1, dated the 4th January, 2001, has come to the conclusion
that -
(a)
Potassium Permanganate originating in, or exported from, the People�s
Republic of China, Hong Kong and Taiwan have been exported to India below its
normal value, resulting in dumping;
(b)
the domestic industry has suffered material injury;
(c)
the injury has been caused by the imports from the subject countries;
Now, therefore, in exercise of powers conferred by sub-section (2)
of section 9A of the said Customs Tariff Act, read with rule 13 and rule 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 Potassium Permanganate, falling under sub-heading
No. 2841.61 of the First Schedule to the said Customs Tariff Act, originating
in, or exported from, any country specified in column (2) of the Table annexed
hereto and exported by all exporters, and imported into India, an anti-dumping
duty at the rate specified in corresponding entry in column (3) of the said
Table.
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S. No.
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Name of the country
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Amount of duty
(in US$ per Kg)
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(1)
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(2)
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(3)
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1.
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People�s
Republic of China
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0.61
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2.
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Hong
Kong
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0.60
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3.
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Taiwan
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0.62
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2. The
anti-dumping imposed under this notification shall be effective upto and
inclusive of the 11th day of September 2001, and shall be
payable in Indian currency.
Explanation: For the purposes of
this notification, �rate of exchange� applicable for the purposes of
calculation of 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 under
sub-clause (i) of clause (a) of sub-section (3) of 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.
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