Pentaerythritol from Russia Hit with $474/MT of Anti-dumping Duty for Five Years

[Customs Notification No. 20 (ADD) dated 22^nd May 2015]

Whereas, in the matter of “Pentaerythritol” (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 Customs Tariff Act), originating in, or exported from Russia (hereinafter referred to as the subject country), and imported into India, the designated authority in its final findings published in the Gazette of India, Extraordinary, Part I, Section 1,vide notification number 14/26/2012-DGAD dated the 11th December, 2014, had come to the conclusion that –

(i) the subject goods have been exported to India from the subject country below its associated normal value, thus, resulting in dumping of the product;

(ii) the domestic industry has suffered material injury in respect of the subject goods;

(iii) the material injury has been caused by the dumped imports from the subject country,

and has recommended imposition of definitive anti-dumping duty on imports of the subject goods, originating in or exported from subject country and imported into India, in order to remove injury to the domestic industry;

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, specification of which is specified in column (4), falling under sub-heading 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 (5), exported from the countries as specified in the corresponding entry in column (6), produced by the producers as specified in the corresponding entry in column (7), exported by the exporters as specified in the corresponding entry in column (8), imported into India, an anti-dumping duty at the rate equal to the amount as specified in the corresponding entry in column (9) in the currency as specified in the corresponding entry in column (11) and as per unit of measurement as specified in the corresponding entry in column (10) of the said Table.

Table
SNo.	Sub-heading	Description of goods	Specifications	Country of origin	Country of export	Producer	Exporter	Amount	Unit	Currency
(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)	(11)
1	2905 42	Pentaerythritol	Any grade	Russia	Russia	Any	Any	474	MT	US Dollar
2	2905 42	Pentaerythritol	Any grade	Russia	Any country other than Russia	Any	Any	474	MT	US Dollar
3	2905 42	Pentaerythritol	Any grade	Any country other than Russia	Russia	Any	Any	474	MT	US Dollar

2. The anti-dumping duty imposed under this notification shall be effective 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 paid in Indian currency.

Explanation.- For the purposes of this notification, 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 Customs Act.

[F.No.354/84/2014-TRU]