Anti Dumping Duty on Sodium Formaldehyde Sulphoxylate - Resurrection but not Retrospective
ANTI Dumping Duty on Sodium Formaldehyde Sulphoxylate, originating in, or exported from, People's Republic of China, was imposed by Notification No. 23/2006-Cus dated 06.03.2006. This notification clearly stipulated that the anti dumping duty imposed under this notification would be valid till 21.06.2011. So from 22.06.2011, there was no anti dumping duty on this product.
Now the Government has re-imposed the anti dumping duty on this product for a period of five years from 05.08.2011. The amounts of duty are identical to the amounts mentioned in the dead Notification No. 23/2006.
Were there no dumping and no injury to domestic industry during the period from 22.06.2011 to 04.08.2011? How much Revenue the Government has lost and how much injury the domestic industry must have suffered, just because some babu was sleeping? Maybe the CAG can do an audit on this.
Notification No. , Dated : August 05, 2011