Anti Dumping Duty on Poly Vinyl Chloride Paste Resin
PROVISIONAL Anti Dumping Duty on Poly Vinyl Chloride Paste Resin originating in, or exported from, People's Republic of China, Japan, Republic of Korea, Malaysia, Russia, Taiwan and Thailand, was imposed by Notification No. 77/2010-Customs, dated 26th July 2010. This notification clearly stated that the "anti-dumping duty imposed under this notification shall be effective upto and inclusive of the 25th January 2011"
After the death of the notification on 26 th January 2011, Government revalidated it by Notification No. 66/2011-Cus, dated 26 th July 2011, but with effect from 26th July 2010.
This would have expired on 26 th July 2015. But this time they woke up well in time and extended it till 25th day of July, 2016.
Board should be congratulated for not levying an anti dumping duty illegally with retrospective effect. Let us hope the Board makes this a healthy precedent and continues with it.
Notification No. , Dated: June 01, 2015