Levy of ADD on Aceto Acetyl Derivatives of aromatic

Levy of ADD on Aceto Acetyl Derivatives of aromatic

Seeks to levy of ADD on “Aceto Acetyl Derivatives of aromatic or hetrocyclic compounds also known as Arylides” originating in or imported from China PR- Notification No. 60/2021 -Customs (ADD)

G.S.R.—(E).- Whereas, in the matter of “Aceto Acetyl Derivatives of aromatic or hetrocyclic compounds also known as Arylides” (hereinafter referred to as the subject goods), falling under tariff items 2924 29 20 or 2924 29 90 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 the People’s Republic of China (hereinafter referred to as the subject country) and imported into India, the designated authority in its final findings vide notification No. 6/28/2020-DGTR, dated the 19th August, 2021, published in the Gazette of India, Extraordinary, Part I, Section 1, has come to the conclusion that imposition of anti-dumping duty is required to offset the injury to the domestic industry caused by the dumped imports of subject goods from the subject country and has recommended imposition of definitive anti-dumping duty on imports of the subject goods, originating in or exported from the subject country and imported into India.

Now, therefore, in exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the Customs Tariff Act, read with rules 18 and 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, after considering the aforesaid final findings of the designated authority, hereby imposes on the subject goods, the description of which is specified in column (3) of the Table below, falling under the tariff item of the First Schedule to the Customs Tariff Act as specified in the corresponding entry in column (2), originating in the countries as specified in the corresponding entry in column (4), exported from the countries as specified in the corresponding entry in column (5), produced by the producers as specified in the corresponding entry in column (6), and imported into India, an anti-dumping duty equal to the amount calculated as a percentage of CIF value of the goods at the rate as specified in the corresponding entry in column (7) of the said Table, namely:-

Table

S.No.Tariff ItemDescription of GoodsCountry of OriginCountry of ExportProducer% of CIF value
(1)(2)(3)(4)(5)(6)(7)
1.29242920 and 29242990“Aceto Acetyl Derivatives of aromatic or heterocyclic compounds” or “Arylides”*China PRAny country including China PRQingdao Haiwan Specialty Chemicals Co., Ltd24.79    
2.29242920 and 29242990“Aceto Acetyl Derivatives of aromatic or heterocyclic compounds” or “Arylides”*China PRAny country including China PRNantong Acetic Acid Chemical Co., Ltd26.64
3.29242920 and 29242990“Aceto Acetyl Derivatives of aromatic or heterocyclic compounds” or “Arylides”*China PRAny country including China PR  Any producer other than mentioned in serial no 1 and 244.90
4.29242920 and 29242990“Aceto Acetyl Derivatives of aromatic or heterocyclic compounds” or “Arylides”*Any country other than China PR China PR Any44.90

*Following forms of arylides are included within the scope of the subject goods whilst all other forms are excluded:
a. Acetoacetanilide or AAA;
b. Acetoacet-meta-xylidide or AAMX;
c. Acetoacet-o-anisidide or AAOA;
d. Acetoacet-O-Toluidide or AAOT;
e. Acetoacet-O-chloroanilide or AAOCA

2. The anti-dumping duty imposed under this notification shall be levied for a period of five years (unless revoked, superseded or amended earlier) from the date of publication of this notification in the Official Gazette and shall be payable in Indian currency.

Explanation.-
(1) For the purposes of this notification, rate of exchange applicable for the purpose of calculation of such 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 conferred by 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.

(2) For the purpose of this notification, ‘CIF value’ shall be the assessable value as determined under the said Customs Act, including the cost of insurance and freight.

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