Anti dumping duty on Vitamin A Palmitate - Resurrected
PROVISIONAL Anti dumping Duty was imposed on Vitamin A Palmitate originating in, or exported from, Switzerland and the People's Republic of China vide Notification No. 47/2007-CUSTOMS, dated the 28th March, 2007, which by the Notification itself had prescribed its demise date as 27th September, 2007. More than a month after its demise, Government imposed definitive anti dumping duty effective from the first date of provisional imposition that is 28.3.2007. The period 27th September to 29th October 2007, when the government was in deep slumber was regularised. Remember the days of " the King can do no wrong"
So, definitive anti dumping duty was imposed by Notification No 112/2007-Cus., Dated: October 30, 2007 with effect from 28.03.2007. This notification expired on 27.03.2012 and on this date, apparently the Board was sleeping and allowed the notification to lapse.
By 12th April 2012, they woke up and extended the validity of the notification up to 27 March 2013 by Notification No. 21/2012-Cus(ADD) dated 12.04.2012. So, there was no notification for anti dumping duty on this product from 28.03.2012 to 11.04.2012.
Now this extension also expired on 27.03.2013.
Government has now renotified anti-dumping duty on this product for five years from 13.11.2013.
Was there no dumping for eight months from 28.03.2013 to 12.11.2013? The designated Authority states, "the subject goods continue to be exported to India at dumped prices despite the existing anti dumping duties and there is a likelihood of its continuation should the existing anti-dumping duties are allowed to expire."
Who is responsible for this mess with the Country's finances?
Notification No. , Dated: November 13, 2013