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Anti-Dumping Duty: Sodium Ferrocyanide export originating from People�s
Republic of China
WHEREAS the designated authority
vide notification published in Part I, Section 1 of the Gazette of India,
Extraordinary, dated the 17th April, 2000, had initiated review in
the matter of continuation of final anti-dumping duty on Sodium Ferrocyanide
originating in, or exported from, the People�s Republic of China, imposed vide
notification No. 113/2000-Customs, dated the 31st August, 2000
[G.S.R. 696 (E), dated the 31st August, 2000];
AND WHEREAS the designated
authority vide notification published in Part I, Section 1 of the Gazette of
India, Extraordinary, dated the 23rd August, 2001 has concluded that
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(a)
Sodium Ferrocyanide, originating in, or exported from, People�s
Republic of China, has been exported below its normal value;
(b)
The domestic industry would suffer material injury in case the
anti-dumping duty in force is removed;
(c)
The injury to the domestic industry would be caused by imports from
People�s Republic of China in case the anti-dumping duty in force is removed;
(d)
Cessation of existing anti-dumping duty on imports of sodium ferrocyanide
from the People�s Republic of China is likely to lead to continuation or
recurrence of injury to the domestic industry;
Now, therefore, in exercise of
the powers conferred by sub-sections (1) and (5) of section 9A of the Customs
Tariff Act, 1975 (51 of 1975) read with rule 23 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,
after considering the aforesaid findings of the designated authority, hereby
imposes on Sodium Ferrocyanide, falling under Chapter 28 of the First Schedule
to the said Customs Tariff Act, originating in, or exported from, the People�s
Republic of China, and imported into India, and anti-dumping duty at a rate
which is to be calculated as the difference between US$ 1556.87 per MT and the
landed value of such imported sodium ferrocyanide per MT, in US$.
2.
The anti-dumping duty imposed under this notification shall be paid in
Indian currency.
Explanation: For the purposes of
this notification-
(a) �landed value of imports� shall be the assessable value as
determined under the Customs Act, 1962 (52 of 1962) and includes all duties of
customs except duties levied under section 3, 3A, 8B, 9 and 9A of the said
Customs Tariff Act;
(b) the 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 said Customs Act, 1962 (52 of
1962) 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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