Continuation of ADD on import of Homopolymer of vinyl chloride monomer
THE Central government had imposed ADD on Homopolymer of vinyl chloride monomer (suspension grade) [heading 3904] originating in or exported from Taiwan, the People's Republic of China, Indonesia, Japan, Korea RP, Malaysia, Thailand and the United States of America (subject countries) vide notification 11/2008-Cus dated 23.01.2008. Before this notification was to expire, the government vide notification 52/2012-Cus (ADD) dated 6.12.2012 extended the imposition till 22/01/2014. This notification was unique in the sense that the amendment was done in the parent notification 11/2008-Cus thus - In the said notification, in paragraph 2, for the words "five years", the words "six years" shall be substituted.
Be that as it may, after 22/01/2014, the notification died a natural death, it seems.
However, the government had conducted a review of ADD on the import of the subject goods and the designated authority has found that the product under consideration continues to be imported at the dumped prices from the subject countries except Korea RP.
So, the corollary is that the Central Government seeks to continue imposition of ADD on the subject goods, originating in or exported from subject countries except Korea RP.
The notification in this regard has been issued and would be effective for a period of five years from 13.06.2014 unless of course the same is revoked, superseded or amended earlier.
Notification No. , Dated: June 13, 2014