Anti Dumping Duty on Tyre Curing Presses - Resurrection
ANTI Dumping Duty was imposed on "Tyre Curing Presses, except Six Day Light Curing Press for curing bi-cycle tyres" falling under the tariff item 8477 51 00, originating in, or exported from, the People's Republic of China, by Notification No. 01/2010-Customs, dated the 8th January 2010.
This expired on 8th January 2015.
After almost two months of its expiry, the Government has extended its validity till 7th January, 2016.
Mr. Jaitley has repeatedly stated that it is the policy of the Government not to levy retrospective tax. But is he aware of this blatant illegal retrospective anti dumping duty, right under his nose?
Notification No. , Dated: March 03, 2015