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Safeguard duty on Flexible Slabstock Polyol of molecular weight 3000
Notification
No. 108 dated 24th December 1998 (As amended by
notification nos 77/99-Customs dated 25th June 1999; 98/99-Customs
dated 23rd July 1999)
In
exercise of the powers conferred by sub-section (1) of section 8B of the Customs
Tariff Act, 1975 (51 of 1975), read with rules 12 and 14 of the Customs Tariff
(Identification and Assessment of Safeguard Duty) Rules, 1997, and based upon
the final findings of the Director General (Safeguard) published vide No. GSR
613 (E) dated 12th October, 1998 in the Gazette of India
Extraordinary, Part II, Section 3, Sub-section (i), that the increased import of
Flexible Slabstock Polyol of molecular weight 3000-4000 used in the manufacture
of Slabstock Foam and Polyurethane Foam mattresses have caused and further
threatened to cause serious injury to the domestic industry, and imposition of
Safeguard duty for a period of eighteen months will be in public interest, the
Central Government hereby imposes on Flexible Slabstock Polyol of molecular
weight 3000-4000 used in the manufacture of Slabstock Foam and Polyurethane Foam
mattresses, falling under sub-heading No. 3907.20 of the First Schedule to the
said Customs Tariff Act, when imported into India, a safeguard duty at the rate
of -
(a)
16.5%, when imported upto and inclusive of 23rd day of
December, 1999; and
(b)
5%, when imported from the 24th of December 1999 and the 23rd
of June 2000 (both days inclusive).
2.
Nothing contained in this notification shall apply to imports made under
an Advance Licence, subject to the condition that the exempt article shall not
be disposed of or utilised in any manner except for utilisation in discharge of
export obligation or for replenishment of article so utilised and the article so
replenished shall not be sold or transferred to any other person.
3.
Nothing contained in this notification shall also apply to goods
originating in and imported from countries notified as developing countries
under clause (a) of sub-section (6) of section 8B of the said Customs Tariff Act
other than Singapore.
Explanation:
In this notification, �Advance Licence� means, -
(i)
Quantity Based Advance Licence issued in terms of paragraph 50 of the Export
and Import Policy 1 April, 1992-31 March, 1997 published vide Public Notice of
the Government of India in the Ministry of Commerce No. 1-ITC(PN)/92-97, dated
the 31st March, 1992, as amended from time to time, and endorsed
with non-transferable and actual user condition; or
(ii)
Quantity Based Advance Licence issued in terms of paragraph 7.4 of the Export
and Import Policy 1 April, 1997-31 March, 2002 published vide Notification of
the Government of India in the Ministry of Commerce No. 1/1997-2002, dated the
31st March, 1997, as amended from time to time; or
(iii)
Annual Advance Licence issued in terms of paragraph 7.4A of the Export and
Import Policy 1 April 1997-31st March 2002 published vide
Notification of the Government of India in the Ministry of Commerce No.
1/1997-2002; dated the 31st March, 1997, as amended from time to
time.
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