Notification No. 29/2001, Dated 12 th Mar 2001

12 ^th March, 2001

Notification No. 29/2001-Customs

G.S.R. (E).- WHEREAS in the matter of import of Potassium Permanganate falling under sub-heading No. 2841.61 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, the People’s Republic of China, Hong Kong and Taiwan, the designated authority, vide its preliminary findings, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 4^th January, 2001, has come to the conclusion that -

(a) Potassium Permanganate originating in, or exported from, the People’s Republic of China, Hong Kong and Taiwan, have been exported to India below its normal value, resulting in dumping;

(b) the domestic industry has suffered material injury;

(c) the injury has been caused by the imports from the subject countries;

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 Potassium Permanganate, falling under sub-heading No. 2841.61 of the First Schedule to the said Customs Tariff Act, originating in, or exported from, any country specified in column (2) of the Table annexed hereto, and exported by all exporters, and imported into India, an anti-dumping duty at the rate specified in corresponding entry in column (3) of the said Table.

2. The anti-dumping duty imposed under this notification shall be effective upto and inclusive of the 11^th day of September, 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.354/7/2001-TRU

(G.D.LOHANI)

UNDER SECRETARY TO THE GOVERNMENT OF INDIA