Anti Dumping Duty on 1-Phenyl-3-Methyl-5-Pyrazolone – Re-imposed
ANTI Dumping Duty on 1-Phenyl-3-Methyl-5-Pyrazolone, originating in, or exported from, People's Republic of China was imposed by Notification No. 1/2006-Cus dated 10.01.2006 and would have expired on 09.01.2011. Long before its expiry, on 27.10.2010, the validity of the notification was extended till 30.06.2011. But around 30th June 2011, they were napping, though the Designated Authority woke up just in time and recommended continuation of the anti dumping duty, on 29th June 2011 - just a day before its expiry.
Now the Government has again imposed anti dumping duty on this product, for a period of five years from 24.08.2011. Fortunately, it is not imposed with retrospective effect.
Was there no dumping and injury during the period 01.07.2011 to 23.08.2011? Who is responsible for the injury and loss of revenue?
Notification No. , Dated: August 24, 2011