Anti-Dumping Duty: Strontium Carbonate export originating from People�s
Republic of China
WHEREAS in the matter of import of Strontium Carbonate, falling
under sub-heading No. 2836.92 of the First Schedule to the Customs Tariff Act,
1975 (51 of 1975), originating in, or exported from the People�s Republic of
China, the designated authority vide its preliminary findings, published in the
Gazette of India, Extraordinary, Part I, Section 1, dated the 15th
November, 2000, has come to the conclusion that -
(a)
Strontium Carbonate, in all forms originating in, or exported from, the
People�s Republic of China, have been exported to India below its normal
value;
(b)
the domestic industry has suffered material injury by way of decline in
its market share and financial losses due to depressed net sales realization on
account of price depression caused by low landed prices of the dumped subject
goods;
(c)
the injury has been caused to the domestic industry by dumping of subject
goods originating in, or exported 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. 154/2000-Customs, dated the 26th
December, 2000 [G.S.R. 934(E), dated the 26th December, 2000],
published in Part ll, Section 3, Sub-section (i) of the Gazette of India,
Extraordinary, dated the 26th December, 2000;
AND WHEREAS the designated authority vide its final findings
published in the Gazette of India, Extraordinary, Part l, Section 1, dated the
15th June, 2001 has come to the conclusion that -
(a)
Strontium Carbonate, in all forms, originating in, or exported from, the
People�s Republic of China, has been exported to India below its normal value;
(b)
The domestic industry has suffered material injury by way of decline in
its market share and financial losses due to depressed net sales realization on
account of price depression caused by low landed prices of the dumped subject
goods;
(c)
The injury has been caused by dumping of subject goods originating in or
exported from the People�s Republic of China.
Now, therefore, in exercise of powers conferred by sub-section (1),
read with sub-section (5) of section 9A of the said Customs Tariff Act, 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 findings of the
designated authority, hereby imposes on Strontium Carbonate, falling under
sub-heading No. 2836.92 of the First Schedule to the said Customs Tariff Act,
originating in, or exported from, the People�s Republic of China, and when
imported into India, an anti-dumping duty at the rate of US$ 213.37 per metric
tonne.
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 26th December 2000; and shall be paid in Indian currency.
Explanation: For the purpose 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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