Anti-dumping Duty: Bisphenol-A originating export from United States of
America
This notification has been
rescinded vide notification of the Government of India in the Ministry of
Finance (Department of Revenue) No. 108/2000 dated 4th August 2000.
WHEREAS in the matter of import of
Bisphenol - A falling under Chapter 29 of the First Schedule to the Customs
Tariff Act, 1975(51 of 1975), originating in, or exported from, United States of
America, the Designated Authority vide its final findings, published in the
Gazette of India Extraordinary, Part I, Section 1, dated the 29th
April, 1997 had come to the conclusion that-
(a) Bisphenol - A originating in, or exported from, the United State of
America has been exported to India below its normal value;
(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, the United States of America.
And whereas on the basis of the
aforesaid findings of the Designated Authority, the Central Government has
imposed Anti-dumping Duty vide notification No, 40/97-Customs, dated the 29th
April, 1997 (G.S.R. 234 (E), dated the 29th April, 1997) published in
Part ll, Section 3, Sub-section (i) of the Gazette of India, Extraordinary,
dated the 29th April, 1997.
And whereas M/s First Inter
Continental Corporation, the United States of America have requested for review
in terms of rule 22 of the Customs Tariff (Identification, Assessment and
Collection of Anti-dumping Duty on Dumped Articles and for Determination of
Injury) Rules 1995 in respect of exports made by them and the Designated
Authority vide notification No. 41/1/99-DGAD dated the 31st August,
1999 published in the Gazette of India, Extraordinary, Part l, Section 1 dated
the 2nd September, 1999 has recommended provisional assessment of all
exports of Bisphenol-A falling under Chapter 29 of the First Schedule to the
said Customs Tariff Act made by the said M/s. First Inter Continental
Corporation at the rate of Rs. 10000 per metric tonne till the completion of the
review by it;
Now, therefore, in exercise of the
powers conferred by sub-rule (2) of rule 22 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
orders that pending the outcome of the said review by the Designated Authority,
Bisphenol-A exported, from the date of initiation of the said review to the date
of completion of the said review by M/s. First Inter Continental Corporation,
the United States of America, when imported into India shall be subjected to
provisional assessment and Bank guarantee for the amount of duty calculated at
the rate of Rs. 10000 per metric tonne.
In case of recommendation of
Anti-dumping Duty after completion of the said review by the Designated
Authority, the importer shall be liable to pay the amount of such Anti-dumping
Duty recommended on review and imposed on all imports into India of Bisphenol-A
made by M/s. First Inter Continental Corporation, United States of America from
the date of initiation of the said review.
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