Anti-dumping
Duty of US$217/MT Imposed on Universal Solvent Isopropyl Alcohol (IPA) from
China on Complaint of Monopoly Producer Chemical Major Deepak Fertilizers Pune
[Notification No. 22/2024-Customs (ADD) dated 22nd October 2024]
Seeks to impose ADD on
Isopropyl Alcohol imported from China PR for 5 years, pursuant to final
findings of DGTR.
G.S.R. …(E).- Whereas, in the matter of “Isopropyl Alcohol” (hereinafter referred to as the subject goods), falling under tariff item 2905 12 20 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 China PR (hereinafter referred to as the subject country) and imported into India, the designated authority in its final findings, vide notification F. No. 6/09/2023-DGTR, dated the 14th
August, 2024, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 14th
August, 2024, has, inter alia, come to the conclusion that-
(i)
the subject goods
have
been exported to India
at a
price below normal value, thus resulting in dumping;
(ii)
the dumping of the subject goods has resulted in material injury to the domestic industry in India;
(iii)
the landed price of imports is below the level of selling price of the domestic industry and is undercutting the prices of the domestic industry,
and has recommended imposition
of anti-dumping duty on imports of the subject goods, originating in, or exported from, the 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, 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 at the rate equal to the amount as specified in the corresponding entry in column (7), in the currency as specified in the corresponding entry in column (9) and as per unit of measurement as specified in the corresponding entry in column (8) of the said Table, namely :-
|
Table |
|||||||||
|
Sl. No. |
Tariff item |
Description |
Country of Origin |
Country of Export |
Producer |
Amount |
Unit |
Currency |
|
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
(8) |
(9) |
|
|
1. |
2905 12 20 |
Isopropyl Alcohol |
China PR |
China PR |
Zhuhai Long Success Chemical Industry Co., Ltd. |
82 |
MT |
USD |
|
|
2. |
-do- |
-do- |
China PR |
Any country other than
China PR |
Any Producer |
217 |
MT |
USD |
|
|
3. |
-do- |
-do- |
Any country other than China PR |
China PR |
Any Producer |
217 |
MT |
USD |
|
Note: The customs classification is only indicative and is not binding on the scope of the present investigation.
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.- 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 Act.
[F. No. CBIC-190354/159/2024-TRU Section-CBEC]