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Imports of Methyl Ethyl Ketone or MEK from China PR, Japan, South Africa and Taiwan

Dated 23th April 2018 | Copy of | Notification No.23 |

CUSTOMS NOTIFICATION

Whereas, in the matter of import of ‘Methyl Ethyl Ketone’ or MEK’ (hereinafter referred to as the subject goods), falling under Chapter 29 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the said Customs Tariff Act), originating in, or exported from China PR, Japan, South Africa and Taiwan (hereinafter referred to as the subject countries) and imported into India, the designated authority vide its final findings published in the Gazette of India, Extraordinary, Part I, Section 1, vide notification No.14/26/2016-DGAD, dated the 1st February 2018, has come to conclusion that-

(i) the product under consideration has been exported to India from the subject countries below normal values;
(ii) the domestic industry has suffered material injury on account of dumped subject imports from subject countries;

and whereas, the designated authority has recommended imposition of definitive anti-dumping duty equal to difference between the amount indicated in column (8) of the table below and per unit landed value of the subject goods, provided that the per unit landed value is less than the value indicated in column (8) of the said table.

Now, therefore, in exercise of the powers conferred by sub-section (2) of section 9A of the said Customs Tariff Act, read with rules 18 and 20 of the Customs Tariff (Identification, Assessment and Collection of Antidumping 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 definitive anti-dumping duty on the subject goods, the description of which is specified in column (3) of the table below, falling under tariff items of the First Schedule to the said 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), and 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), exported by the exporters as specified in the corresponding entry in column (7), and imported into India, a definitive anti-dumping duty as the difference between the amount indicated in column (8), and per unit landed value of the subject goods, provided that the per unit landed value is less than the value indicated in column (8), and per unit of measurement as specified in the corresponding entry in column (9), and in the currency specified in the corresponding entry in column (10) of the said Table:- 

Imports of Methyl Ethyl Ketone or MEK from China PR, Japan, South Africa and Taiwan 

Imports of Methyl Ethyl Ketone or MEK from China PR, Japan, South Africa and Taiwan

 2. The anti-dumping duty shall imposed be for a period of three 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- For the purposes of this notification:

(i) the landed value of imports shall be the assessable value as determined under the Customs Act, 1962 (52 of 1962) and includes all duties of customs except duties under sections 3, 3A, 8B, 9 and 9A of the Customs Tariff Act, 1975; and

(ii) rate of exchange applicable for the purposes 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 Act.

Sd/-
(Mohit Tewari)
Under Secretary to the Government of India.

F.No.354/63/2018-TRU
Issued by:
Ministry of Finance
(Department of Revenue)
New Delhi

The Dollar Business Bureau - Apr 25, 2018 12:00 IST