Dear Members,
The Department of Revenue, Ministry Of Finance has issued Notification No. 43/2021-Customs (ADD) dated 9th August, 2021 regarding Levy of anti-dumping duty on imports of Phthalic Anhydride (PAN) originating in or exported from China PR, Indonesia, Korea RP and Thailand for a period of five years.
We understand that in the matter of “Phthalic Anhydride” falling under HS Code 29173500 originating in, or exported from China PR, Indonesia, Korea RP and Thailand and imported into India, the designated authority in its final findings vide notification No. 6/16/2020-DGTR, dated the 19th May, 2021, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 19th May, 2021, has come to the conclusion that-
(i) the product under consideration has been exported at a price below normal value, thus resulting in dumping;
(ii) the domestic industry has suffered material injury;
(iii) there is causal link between dumping of product under consideration and injury to the domestic industry,
and 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 description of which is specified in the Table annexed with the notification.
The anti-dumping duty imposed under this notification shall be levied for a period of five years (unless revoked, superseded or amended earlier) from the date of publication of this notification in the Official Gazette and shall be payable in Indian currency.
Members may take note of the DoR notification and do the needful accordingly. For complete details/ Table of Duty, you may also refer to the said Notification using below link:
https://www.cbic.gov.in/htdocs-cbec/customs/cs-act/notifications/notfns-2021/cs-tarr2021/cs38-2021.pdf
https://www.dgtr.gov.in/sites/default/files/FF%20PAN%20NCV%20English_0001.pdf
Feed-backs, if any, may be sent to the council on e-mail id’s- dg@chemexcil.in, and pw@chemexcil.in for records/ further deliberations, if required.
Thanking you.
Yours Faithfully,
Deepak Gupta
Acting Executive Director
CHEMEXCIL
