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Anti Dumping Duty: Paracetamol export originating from the People�s
Republic of China and Taiwan
WHEREAS in the matter of import of Paracetamol, falling
under sub-heading No. 2922.29 of the First Schedule to the Customs Tariff Act,
1975 (51of 1975), originating in, or exported from the People�s Republic of
China and Taiwan, the designated authority, vide its preliminary findings,
published in the Gazette of India, Extraordinary, Part I, Section 1, dated the
16th April, 2001 has come to the conclusion that -
(a)
Paracetamol, originating in or exported from, the People�s Republic of
China and Taiwan, has been exported to India below normal value, resulting in
dumping;
(b)
the domestic Industry has suffered injury;
(c)
the injury has been caused by the imports from the subject countries;
Now, therefore, in exercise of the powers conferred by sub-section
(2) of section 9A of the 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 Paracetamol, falling under sub-heading No. 2922.29 of the
First Schedule to the said Customs Tariff Act, originating in, or exported from
countries mentioned in column (2)
of the Table annexed hereto, and imported into India and anti-dumping duty at
the rate which is to be calculated as the difference between the amount
mentioned in the corresponding entry in column (3) of the said Table and landed
value of such imported Paracetamol per Kilogramme.
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S. No.
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Name of the Country
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Amount (in $ US per Kilogramme)
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(1)
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(2)
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(3)
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1.
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People�s
Republic of China
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3.26
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2.
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Taiwan
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3.26
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2. The
anti-dumping duty imposed under this notification shall be effective upto and
inclusive of the 5th day of March, 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 section 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, 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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