Anti Dumping Duty on Phenol -JIT Saved
GOVERNMENT had imposed provisional anti dumping duty on imports of Phenol originating in, or exported from, Thailand and Japan, by Notification No. 53/2010 dated 19th April 2010. This Notification specifically mentioned that "The Anti Dumping duty imposed under this notification shall be effective upto and inclusive of the 18th day of October, 2010"
So, from 19th October 2010, this anti dumping duty was not in force. And the Government was sleeping. They woke up on 1 st December 2010 and imposed definitive anti dumping duty on the goods for a period of five years from the date of imposition of the provisional anti-dumping duty, that is, the 19th April 2010.
This definitive anti dumping would end on 19th April 2015. But this time around they were well aware of the sunset and extended the life of the notification Just In Time (JIT), just a day before the expiry. Board deserves our kudos!
Notification No., Dated: April 17, 2015