Notification No. 40/2005, Dated 2nd May 2005

2nd May, 2005

Notification No.40/2005-Customs

G.S.R.      (E).- WHEREAS in the matter of import of Tapioca Starch, falling under sub-heading 1108  of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (here-in-after referred to as the said Act), the Director General (Safeguards), in final findings vide number G.S.R.180 (E), dated the 17^th March, 2005, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated the 17^th March, 2005, has come to the conclusion that increased imports of Tapioca  Starch into India have caused and is further threatening to cause serious injury to the domestic producers of Tapioca Starch and it will be in the public interest to impose safeguard duty for a period of three years on imports of  Tapioca Starch  into India;

NOW THEREFORE, in exercise of the powers conferred by sub-section (1) of section 8B of the said Act, read with rules 12 and 14 of the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997, the Central Government after considering the said findings of the Director General (Safeguards), hereby imposes on Tapioca Starch, falling under heading 1108 of the First Schedule to the said Act, when imported into India, a safeguard duty at the rate of-

(a)    33% ad valorem, when imported from the 2^nd day of  May, 2005 to 1^st day of  May, 2006 (both days inclusive);

(b)    23% ad valorem, when imported from the 2^nd  day of May, 2006 to  1^st day of May, 2007 (both days inclusive); and

(c)    13% ad valorem, when imported from the 2^nd day of May, 2007 to 1^st  day of May, 2008 (both days inclusive).

2.         Nothing contained in this notification shall apply to imports of Tapioca Starch from countries notified as developing countries under clause (a) of sub-section (6) of section 8B of the said Act, other than Thailand and Vietnam.

F.No.354/22/2005-TRU

                                                        (V. Sivasubramanian)

                           Deputy Secretary to the Government of India