Notification No. 74/2001, Dated 28th June 2001

 28th June, 2001

 

Notification No.74/2001-Customs

 

                 WHEREAS in the matter of import of Hexamine falling under the sub-heading No.2921.29 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, Saudi Arabia and Russia, the designated authority vide its preliminary findings, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 15th May, 2001, has come to the conclusion that -

 

(a) Hexamine originating in, or exported from, Saudi Arabia and Russia, 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 imports from Saudi Arabia and Russia;

                Now, therefore, in exercise of powers conferred by sub-section (2) of section 9A of the said 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 findings of the designated authority, hereby imposes on Hexamine falling under sub-heading No. 2921.29 of the First Schedule to the said Customs Tariff Act, originating in, or exported from the countries specified in column (2) of the Table annexed hereto, an anti-dumping duty at the rate specified in the corresponding entry in column (3) of the said Table.

Table

 

S.No.

Country

Amount of duty (in US $ per kilogramme)

(1)

(2)

(3)

1.

Saudi Arabia

0.19

2.

Russia

0.28

 

  1. The anti-dumping duty imposed under this notification shall be effective upto and inclusive of the 27th day of December, 2001, and 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 under sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962) 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.

 

F.No.354/94/2001-TRU

 

(G.D.LOHANI)

Under Secretary to The Government of India

 

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