Anti-dumping duty on imports of Flexible slabstock polyol originating in or exported from Saudi Arabia and United Arab Emirates
Notification No.20/2021-Customs(ADD) dated 05.04.2021
Notification No.20/2021-Customs(ADD) dated 05.04.2021 issued by CBIC regarding Seeks to impose definitive anti-dumping duty on imports of Flexible slabstock polyol originating in or exported from Saudi Arabia and United Arab Emirates for a period of five years.
Whereas, in the matter of “Flexible Slabstock Polyol of molecular weight 3000-4000” (hereinafter referred to as the subject goods), falling under tariff subheading 3907 20 of the First Schedule to the Customs Tariff Act, 1975 (51 of 975) (hereinafter referred to as the Customs Tariff Act), originating in, or exported from the Saudi Arabia and United Arab Emirates (hereinafter referred to as the subject countries) and imported into India, the designated authority in its final findings vide notification No. 6/20/2019-DGTR, dated the 1st September, 2020, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 1st September, 2020 has recommended imposition of definitive anti-dumping duty on imports of the subject goods, originating in, or exported from the subject countries and imported into India, in order to remove injury to the domestic industry.
The anti-dumping duty imposed under this notification shall be levied for a period of five years (unless revoked, superseded or amended earlier) from the date of publication of this notification in the Official Gazette.
Explanation.- 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
