[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.42/2018-Customs (ADD)
New Delhi, the
24th August, 2018
G.S.R._____(E).- Whereas, in the matter of import of
‘Jute Products’ namely, Jute Yarn/Twine (multiple folded/cabled and single),
Hessian fabric, and Jute sacking bags (hereinafter referred to as the subject
goods) falling under Tariff Headings 5307, 5310, 5607 or 6305 of the First
Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to
as the Customs Tariff Act), originating in, or exported from Bangladesh and
Nepal (hereinafter referred to as subject countries) and imported into India,
the designated authority, vide its final findings in notification No.
14/19/2015-DGAD, dated the 20th October, 2016, published in the Gazette of India,
Extraordinary, Part I, Section 1, dated the 20th October, 2016 had come to the
conclusion that-
(i) there is dumping of subject goods from the
subject countries;
(ii) imports from subject countries are undercutting and suppressing the prices
of the domestic industry; (iii)performance of domestic industry has
deteriorated in the terms of profitability return on investments and cash flow;
(iv)injury to domestic industry has been caused by dumped imports;
and
had recommended continued imposition of definitive anti-dumping duty on imports
of the subject goods originating in, or exported from, the subject countries;
And
whereas, on the basis of the aforesaid findings of the designated authority,
the Central Government had imposed an anti-dumping duty on the subject goods,
vide, notification of the Government of India in the Ministry of Finance
(Department of Revenue), No. 01/2017-Customs (ADD), dated the 5th January, 2017
published vide number G.S.R. 11(E) in the Gazette of India, Extraordinary, Part
II, Section 3, Sub-Section (i), dated the 5th January, 2017;
And
whereas, M/s Aziz Fibres Limited, Bangladesh (Producer/ Exporter) have
requested for review in terms of rule 22 of the Customs Tariff (Identification,
Assessment and Collection of Anti-dumping Duty on Dumped Articles and for
Determination of Injury) Rules, 1995(hereinafter referred to as the said
rules), in respect of exports of the subject goods made by them from
Bangladesh, and the designated authority, vide new shipper review notification
No. 7/25/2018-DGAD dated the 2nd July, 2018, published in the Gazette of India,
Extraordinary, Part 1. Section 1, dated the 2nd July, 2018, has recommended
provisional assessment of all exports of the subject goods made by the above
stated parties till the completion of the review by it.
Now,
therefore, in exercise of the powers conferred by the proviso to sub-rule (2)
of rule 22 of the said Rules, the Central Government, after considering the
aforesaid recommendation of the designated authority, hereby orders that
pending the outcome of the said review by the designated authority, the subject
goods, when originating in or exported from Bangladesh by M/s Aziz Fibres
Limited, Bangladesh (Producer/ Exporter)and imported into India, shall be
subjected to provisional assessment till the review is completed.
2. The
provisional assessment may be subject to such guarantee as the proper officer
of customs deems fit for payment of the deficiency, if any, in case a
definitive anti-dumping duty is imposed retrospectively, on completion of
investigation by the designated authority.
3. In
case of recommendation of anti-dumping duty after completion of the said review
by the designated authority, the importer shall be liable to pay the amount of
such antidumping duty recommended on review and imposed on all imports of
subject goods when originating in or exported from Bangladesh by M/s Aziz
Fibres Limited, Bangladesh (Producer/ Exporter) and imported into India, from
the date of initiation of the said review.
[F.No.354/211/2016-TRU]
(Gunjan Kumar
Verma)
Under Secretary to the Government of India
We have successfully served many reputable clients for Import-Export Data Information Services. Here are some of our clients:
Copyright © 2009 - 2024 www.seair.co.in. All Rights Reserved.