Anti-dumping duty: Acrylonitrile- butadiene Rubber export originating
from Germany, Korea RP
This notification has been rescinded by the notification of the
Govt. of India in the Ministry of Finance (Department of Revenue) No. 92 dated 7th
September 2001.
WHEREAS in the matter of import
acrylonitrile-butadiene rubber (hereinafter referred to as NBR), excluding
latex, falling under sub-heading No. 4002.59 of the First Schedule to the
Customs Tariff Act, 1975(51 of 1975), originating in, or exported from Germany
or Korea R.P., the designated authority vide its preliminary findings published
in the Gazette of India, Extraordinary, Part I , section 1, dated the 30th December, 1996 had come to the
conclusion that -
(a) Acrylonitrile-butadiene rubber,
originating in, or exported from, Germany or Korea RP, has been exported to
India below normal value;
(b) the
Indian Industry has suffered material injury;
(c) the
injury has been caused cumulatively by the imports from the subject countries.
AND WHEREAS on the basis of the
aforesaid findings of the designated authority, the Central Government had
imposed an anti dumping duty on the NBR vide notification of the Government of
India in the Ministry of Finance (Department of Revenue), No. 9/97- Customs,
dated the 31st January, 1997 [G.S.R. 47(E), dated the 31st
January, 1997], published in Part II , Section 3,sub-section (i) of the Gazette
of India , Extraordinary, dated the 31st January , 1997.
AND WHEREAS the designated
authority vide its final findings publish in the Gazette of India,
Extraordinary, Part I, Section I, dated the 17th July, 1997 had come
to the conclusion that-
(a) acrylonitrile-butadiene rubber, originating in, or
exported from, Germany or Korea RP, has been exported to India below normal
value resulting in dumping;
(b) the
domestic industry has suffered material injury;
(c) the
injury has been caused to the domestic industry by the exports originating in,
or exported from Germany or Korea R.P.
AND WHEREAS on the basis of the
aforesaid finding of the designated authority, the Central Government had
imposed and anti dumping duty on the said NBR vide notification of the
Government of India in the Ministry of Finance (Department of Revenue), No.
62/97-Customs, dated the 30th July, 1997 [G.S.R.432 (E), dated the 30th
July, 1997], published in Part II, Section 3, Sub-section (i)of the Gazette of
India, Extraordinary, dated the 30th July , 1997.
AND WHEREAS the Customs, Excise
and Gold (Control) Appellate Tribunal (hereinafter referred to as CEGAT),in its
final order No. 22/2000-AD, dated the 2nd February, 2000, in Appeal
No. C/330/97-AD [in the matter of M/s Rishiroop Polymer Private Limited vs.
Designated Authority (Anti-dumping)], has held that �anti-dumping duty should
be imposed in terms of dollar at the exchange rate prevalent at the time of
investigation. But for this modification, the order passed by the Designated
Authority is otherwise upheld�.
AND WHEREAS the designated
authority has accepted the above order of CEGAT dated the 2nd
February 2000.
Now, therefore, in exercise of
the powers conferred by sub-section (1) of section 9A of the said Customs Tariff
Act, read with 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 and in supersession of the notification of the Government of
India in the Ministry of Finance (Department of Revenue), No. 62/97-Customs,
dated the 30th July, 1997 [G.S.R.432 (E), dated the 30th
July, 1997 published in Part II, Section 3, Sub-section (i)of the Gazette of
India, Extraordinary, dated the 30th July , 1997], except as respects
things done or omitted to be done before such supersession , the Central
Government hereby imposes on NBR, excluding latex, falling under sub-heading No.
4002.59 of the First Schedule to the said Customs Tariff Act, originating in or
exported from, Germany or Korea R. P., when exported by the company or exporter
mentioned in column (3) of the Table below and imported into India, and
anti-dumping duty of an amount equivalent to the rate indicated in column (4) of
the Table below.
S. No.
|
Country
|
Name of the Producer or
Exporter
|
Amount
(US $ per metric tonne)
|
(1)
|
(2)
|
(3)
|
(4)
|
1.
|
Germany
|
Bayer AG, Germany
|
421
|
Others
|
421
|
2.
|
Korea R.P.
|
Korea Kumho Petrochemical
Co. Ltd.
|
264
|
Others
|
264
|
Explanation- For the purposes of
this notification, the anti-dumping duty shall be paid in Indian currency. The
�rate of exchange� applicable for the purposes of calculation of such
anti-dumping duty shall be the rate, which is specified in the notification to
the Government of India in the Ministry of Finance (Department of Revenue),
issued from time to time, in exercise of powers under sub-clause (i) of
sub-section (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.
|