Notification No. 39/2002, Dated 12th April 2002

12th April, 2002

Notification No. 39/2002-Customs

            WHEREAS in the matter of import of Acetone, falling under sub-heading 2914.11 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), the Director General (Safeguards) vide its final findings, dated the 7th October, 1999, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated the 4th November, 1999, dated the 4th November, 1999 had come to the conclusion that increased imports of Acetone into India have threatened to cause serious injury to the domestic producers of Acetone and it would be in the public interest to impose safeguard duty for a period of two years and six months on imports of Acetone into India;

            AND WHEREAS after considering the aforesaid final findings, the Central Government has imposed safeguard duty on Acetone vide notification No. 7/2000-Customs, dated the 27th January, 2000, [G.S.R. 68(E), dated the 27th January, 2000] published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated the 27th January, 2000, upto and inclusive of the 26th day of July, 2002;

            AND WHEREAS the Director General (Safeguards) vide its final findings in review, dated the 4th February, 2002, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated the 8thFebruary, 2002 has come to the conclusion that the share of imports of Acetone into India from South Africa and Singapore during the period April-October, 2001 has been 3% or more and recommended that imports of Acetone into India from South Africa and Singapore be subjected to safeguard duty leviable thereon;

            NOW THEREFORE, in exercise of powers conferred by sub-section (1) of section 8B of the said Customs Tariff Act, read with sub-section (6) thereof and rule 18 of Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997, the Central Government after considering the aforesaid final findings in review, hereby makes the following amendment in the said notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 7/2000-Customs, dated the 27th January, 2000, except as respects things done or omitted to be done before such amendment, namely :–

In the said notification, in paragraph 2, for clause (b), the following clause shall be substituted, namely:-

" (b) from countries notified as developing countries under clause (a) of sub-section (6) of section 8B of the said Customs Tariff Act, other than South Africa and Singapore." .

G.D.Lohani
Under Secretary to the Government of India

F.No.354/171/99-TRU

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