Anti-dumping duty on 'Phenol' imported from South Africa continued
BASED on the findings of the designated authority definitive anti-dumping duty was imposed on Phenol [Chapter 27 or 29] originating in, or exported from, European Union, South Africa and Singapore in terms of notification No. 114/2008-Customs, dated the 31 st October, 2008.
This duty was supposed to be effective for a period of five years from the date of the notification unless revoked, superseded or amended earlier.
The designated authority had initiated a review in the matter of continuation of anti-dumping duty on imports of the subject goods, originating in, or exported from, the subject countries as mentioned in the notification.
Vide notification dated 6 th February, 2013 the designated authority had concluded that-
(i) the dumping margin of the subject goods imported from European Union and South Africa is positive whereas for Singapore it is negative during the period of investigation;
(ii) subject goods are likely to enter the Indian market at dumped prices from South Africa should the present measures be withdrawn and the likely dumping margin and injury margin in respect of imports from South Africa is significant;
(iii) the injury to the domestic industry is not likely to continue or recur on account of imports of subject goods from Singapore and European Union, if the existing anti-dumping duty is withdrawn;
(iv) even though the domestic industry has improved its performance during the period of investigation, the situation of domestic industry continues to be fragile and should the present anti dumping duties from South Africa be withdrawn, injury to the domestic industry is likely to recur,
and had recommended continuation of anti-dumping duty on imports of subject goods from South Africa and withdrawal of anti-dumping duties on subject goods from Singapore and European Union.
So, the Central Government has superseded the earlier notification No. 114/2008-Customs and now the Anti-dumping duty stands imposed on Phenol only when it is imported/originates from South Africa.
This duty will be valid upto 30 th October, 2013.
Notification No. dated May, 03, 2013.