|
Anti-Dumping Duty: Isopropyl Alcohol originating in or exported from the
United State of America, the People�s Republic of China, the European Union
and Singapore
Notification No. 20
dated 22nd February 2002
WHEREAS, in the matter of import of Isopropyl
Alcohol, falling under heading 2905.12 of the First Schedule to the Customs
Tariff Act, 1975 (51 of 1975), originating in, or exported from, the United
State of America, the People�s Republic of China, the European Union and
Singapore, the designated authority, vide its preliminary findings,
published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 5th
February, 2002, has come to the conclusion that -
(a) Isopropyl Alcohol (Bulk
and packed) originating in or exported form, the United State of America, the
People�s Republic of China, the European Union and Singapore, have been
exported to India, below their normal value;
(b) the domestic industry
has suffered material injury;
(c) the injury has been
caused by dumped imports from the United State of America, the People�s
Republic of China, the European Union and Singapore;
and has also considered that it is necessary to
impose anti-dumping duty provisionally, pending final determination, on all
imports to isopropyl Alcohol (bulk and packed) from , the United State of
America, the People�s Republic of China, the European Union and Singapore in
order to remove the injury to the domestic industry;
NOW, THEREFORE, in exercise of powers conferred by
sub-section (2) of section 9A of the said Customs Tariff Act, read with rules 13
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 Isopropyl Alcohol of the description
mentioned in column (3) of the Table annexed hereto, falling under-subheading
2905012 of the First Schedule to the Customs Tariff Act, originating in, or
exported from country/ territory mentioned in column (2) of the said Table,
exported by all exporters or manufacturers, and imported into India, an
anti-dumping duty at the rate which is to be calculated as the difference
between the amount mentioned in the corresponding entry in column (4) of the
said Table and landed value of such imported Isopropyl Alcohol.
|
S.No.
|
Name of the country/ territory
|
Description of Isopropyl Alcohol
|
Amount (in $ US per Metric tonne)
|
|
(1)
|
(2)
|
(3)
|
(4)
|
|
1.
|
The United State of America
|
(a) Bulk
|
748.10
|
|
(b) Packed
|
863.55
|
|
2.
|
People�s Republic of China
|
(a) Bulk
|
748.10
|
|
(b) Packed
|
863.55
|
|
3.
|
The European Union
|
(a) Bulk
|
748.10
|
|
(b) Packed
|
863.55
|
|
4.
|
Singapore
|
(a) Bulk
|
748.10
|
|
(b) Packed
|
863.55
|
2. The anti-dumping
duty imposed under this notification shall be effective upto and inclusive of
the 21st day of August 2002, and shall be payable in Indian
currency.
Explanation: For the purposes of this
notification, -
(a) "landed value" means the assessable
value as determined under the Customs Act, 1962 (52 of 1962) and includes all
duties of Customs except duties levied under sections 3, 3A, 8B, 9 and 9A of the
said Customs Tariff Act;
(b) 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, 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.
|