Notification No. 05/2012, Dated 20th Dec 2012

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

Notification No. 5/ 2012-Customs (SG)

New Delhi; the 20^th December, 2012

            G.S.R. 912(E).- WHEREAS, in the matter of import of electrical insulators, falling under tariff heading 8546 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the said Act), the Director General (Safeguard), in its final findings published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide notification number G.S.R. 729 (E), dated the 27^thSeptember, 2012,  had come to the conclusion that:

(a)  increased imports of electrical insulators from the People’s Republic of China have caused and threatened to cause market disruption to the domestic industry and producers of electrical insulators;

(b)  a causal link exists between the increased imports and market disruption and threat of market disruption; and

(c)  it will be in the public interest to impose Safeguard duty on import of  electrical insulators from People’s Republic of China;

            AND WHEREAS, the Director General (Safeguard) in its final findings has recommended that the safeguard duty be imposed on imports of electrical insulators imported from the People’s Republic of China for a period of two years;

            NOW, THEREFORE, in exercise of the powers conferred by sub-section (1) of section 8C of the Customs Tariff Act, 1975 (51 of 1975) read with the rules 12 and 14 of the Customs  Tariff (Transitional Product Specific Safeguard Duty) Rules, 2002, the Central Government, after considering the aforesaid findings of the Director General (Safeguard), hereby imposes on the goods of description specified in column (3) of the Table below, falling under sub-heading of the First Schedule to the said Customs Tariff Act as specified in the corresponding entry in column (2), when imported into India from the People’s Republic of China, a safeguard duty at the rate indicated in the corresponding entry in column (4) ad valorem.

Table

Explanation.- In the Table, 1^st year means the time period with effect from the date of issue of this notification till the completion of one year and 2^nd year means time period after the completion of the said one year, till 31^st day of December, 2013.

[F.No.354/198/2012 –TRU]

Akshay Joshi

                           Under Secretary to the Government of India