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Tuesday, May 7, 2013

Custom imposes anti dumping duty on Phenol

Custom department has imposed anti-dumping duty on phenol. Anti-dumping duty is the tool with which the importers of specified goods need to pay extra duty and this is to save the domestic industries from international competition. Custom department issued a notification no. 10/2013 dated 3 May 2013 about imposing anti-dumping duty on Phenol. Full notification is as under.


Notification No. 10/2013-Customs (ADD)

            New Delhi, the 3rd May, 2013
                        G.S.R. 285 (E). – Whereas, in the matter of import of Phenol (hereinafter referred to as the subject goods), falling under Chapter 27 or 29 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the said Customs Tariff Act), originating in, or exported from, European Union, South Africa and Singapore (hereinafter referred to as the subject countries),  on the basis of the findings of the designated authority made vide notification No. 15/09/2007-DGAD dated the 4th August, 2008,  published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 4th August, 2008, the Central Government had imposed definitive anti-dumping duty on the subject goods vide notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 114/2008-Customs, dated the 31st October, 2008, published in the Gazette of India Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.758 (E), dated, the 31st October, 2008.
                        And whereas, the designated authority vide notification No. 15/16/2011-DGAD, dated the 8th December, 2011, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 8thDecember, 2011, had initiated review in terms of sub-section (5) of section 9A of the said Customs Tariff Act read with rule 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 (hereinafter referred to as the said rules), in the matter of continuation of anti-dumping duty on imports of subject goods, originating in, or exported from, the subject countries, imposed vide  notification of the Government of India, in the Ministry of Finance (Department of Revenue),No. 114/2008-Customs, dated the 31st October, 2008, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.758 (E), dated the 31st October, 2008.

                        And whereas, the designated authority vide notification number 15/16/2011-DGAD, dated the 6th February, 2013 published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 6thFebruary, 2013, had concluded that-

               (i)               the dumping margin of the subject goods imported from European Union and South Africa is positive whereas for Singapore it is negative during the period of investigation;

              (ii)            subject goods are likely to enter the Indian market at dumped prices from South Africshould the present measures be withdrawn and the likely dumping margin and injury margin in respect of importsfrom South Africa is significant;

              (iii)             the injury to the domestic industry is not likely to continue or recur on account of imports of subjecgoods from Singapore and European Union, if the existing anti-dumping duty is withdrawn;

             (iv)          even though the domestic industry has improved its performance during the period of investigation, the situation of domestic industry continues to be fragile and  should the present anti dumping dutiesfrom South Africa be withdrawn, injury to the domestic industry is likely to recur,

and had recommended continuation of anti dumping duty on imports of subject goods from South Africa at the rates specified vide notification number 15/9/2007-DGAD dated the 4th August, 2008 and Customs notification number 114/2008 dated the 31st  October, 2008 in order to remove injury to the domestic industry and withdrawal of anti dumping duties on subject goods from Singapore and European Union as theinjury to the domestic industry is not likely to continue or recur on account of imports of subject goods from Singapore anEuropean Union, if the said anti-dumping duty is removed.

Now, therefore, in exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the Customs Tariff Act, 1975 (51 of 1975), read with rules 18 and 23 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. 114/2008-Customs, dated the 31st October, 2008, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.758 (E), dated the 31stOctober, 2008 except as respects things done or omitted to be done before such supersession, the Central Government, on the basis of the aforesaid findings of the designated authority, hereby imposes on the goods, the description of which is specified in column (3) of the Table below, falling under tariff item or  sub-heading of the First Schedule to the said Customs Tariff Act as specified in the corresponding entry in column (2),  originating in the country as specified in the corresponding entry in column (4), and produced by the producers as specified in the corresponding entry in column (6), when exported from the country as specified in the corresponding entry in column (5), by the exporters as specified in the corresponding entry in column (7), and imported into India, an anti-dumping duty at the rate equal to the amount indicated in the corresponding entry in column (8), in the currency as specified in the corresponding entry in column (10) and per unit of measurement as specified in the corresponding entry in column (9) of the said Table.
Tariff item/Sub-heading
Description of goods
Country of origin
Country of export
Amount
MT US$
(2)
(3)
(4)
(5)
(8)
2707 99 00 or 2907 11
Phenol
South Africa
South Africa
119
2707 99 00 or 2907 11
Phenol
South Africa
Any country other than South Africa
119
2707 99 00 or 2907 11
Phenol
Any country other than South Africa
South Africa
119


2.         The anti-dumping duty imposed under this notification shall be levied from the date of publication of this notification in the Official Gazette and valid up to the 30th October, 2013.

3.         The anti-dumping duty imposed under this notification shall be payable in Indian currency.

Explanation. - For the purposes of this notification, 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 conferred by section 14 of the 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.
Tags-anti dumping duty,anti dumping duty on phenol,custom notification 10/2013,custom notification no. 10