Anti Dumping Duty on PTFE – Yet another resurrection!
ANTI Dumping Duty was imposed on imports of Polytetrafluroethylene (PTFE) originating in, or exported from Russia by Notification No. 110/2004-CUSTOMS, dated the 18th November, 2004.
The Notification emphatically stated, “This notification shall be effective for a period of five years (unless revoked, superseded or amended earlier)”
So the notification has ceased to be effective from 17 th November 2009. There is no alarm bell in the Board for sun-set notifications and when the notification expired all the un concerned officers were sleeping and they could not extend it before its expiry.
Now the Notification is amended to stipulate that, “ This notification shall remain in force up to and inclusive of the 17th November, 2010, unless the notification is revoked earlier ”.
Even if they forget on 17th November, 2010, there is absolutely no problem – they can extend it with retrospective effect whenever they want! With utter contempt for the hapless taxpayer!
Notification No. , Dated: January 11, 2010