WHEREAS
in the matter of import of Sodium
Ferrocyanide, falling under sub-heading
No.2837.20 of the First Schedule to the Customs Tariff Act, 1975 (51
of 1975), originating in, or exported from the European Union, the designated
authority vide its preliminary
findings, published in the Gazette of India, Extraordinary, Part I, Section 1,
dated the 2nd January, 2001, has come to the conclusion that –
(a) |
Sodium
Ferrocyanide originating in, or exported from, the European Union, have
been exported to India below its normal value; |
(b) |
the
Indian industry has suffered material injury; |
(c) |
the
injury has been caused by imports from the European Union; |
|
|
Now,
therefore, in exercise of powers conferred by sub-section (2) of section 9A of
the said Customs Tariff Act, read with rule 13 and rule 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 Sodium Ferrocyanide, falling under sub-heading No.2837.20 of the
First Schedule to the said Customs Tariff Act, originating in, or exported from,
the European Union, and when imported into India, an anti-dumping duty at the
rate which is to be calculated as the difference between US $ 1535 per metric
tonne and the landed value of such imported Sodium Ferrocyanide per metric tonne.
2.
The anti-dumping imposed under this notification shall be effective upto and
inclusive of the day of 30th
July, 2001, 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 the 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.
Sd/- |
(G.D.
Lohani) |
Under
Secretary to the Government of India |