 |
OFFICE OF THE
COMMISSIONER OF CUSTOMS, |
PUBLIC NOTICE NO: 49 / 2001
Govt.
of India, Ministry of Finance, Department of Revenue, New Delhi, Notification No.2 /
2001-Customs vide F.No.354/88/99 -TRU dated 08.01.2001
is reproduced below for guidance of Importers, Clearing Agents and Trading Public.
C16/86/2000
AP (PORT)
(T.S. JAYACHANDAR)
CUSTOM HOUSE, CHENNAI
ASST.
COMMR. OF CUSTOMS(APPG.)
DATED: 01.03.2001
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Notification No.
154/2000-Customs
G.S.R. (E).- WHEREAS in the matter of import of Strontium
Carbonate, falling under sub-heading No. 2836.92 of the First Schedule to the Customs
Tariff Act, 1975 (51 of 1975), originating in, or exported from the People’s Republic
of China, the designated authority vide its preliminary findings, published in the
Gazette of India, Extraordinary, Part I, Section 1, dated the 15th November,
2000, has come to the conclusion that -
(a) Strontium
Carbonate, in all forms, originating in, or exported from, the People’s Republic of
China, have been exported to India below its normal value;
(b) the domestic industry has suffered material injury
by way of decline in its market share and financial losses due to depressed net sales
realization on account of price depression caused by low landed prices of the dumped
subject goods;
(c) the injury has been caused to the domestic
industry by dumping of subject goods originating in, or exported from, the subject
country;
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 Strontium Carbonate, falling under sub-heading No. 2836.92 of
the First Schedule to the said Customs Tariff Act, originating in, or exported from, the
People’s Republic of China, and when imported into India, an anti-dumping duty at the
rate of US dollars 291.76 per metric tonne.
2. The
anti-dumping duty imposed under this notification shall be effective upto and inclusive of
the day of 25th June, 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.
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