What Happened to Anti Dumping Duty on steel and fibre glass tapes?
DDT 2602 21.05.2015 noted;
The anti dumping duty on steel and fibre glass tapes and their parts and components, originating in or exported from the People's Republic of China, was extended till 14.05.2015, by Notification No. 29/2014 -Cus(ADD), dated 04.07.2014.
This duty was first imposed by Notification No. 147/2003 with effect from 04.04.2003 and expired on 4.4.2008. It was resurrected by Notification No. 50/2008 -Cus dated 21.4.2008 - till 03.10.2008. It was again extended till 03.04.2009, by Notification No. 104/2008-Cus dated 10.09.2208.
On 03.04.2009, they again forgot to extend it and woke up after more than a month and issued a new Notification No. 49/2009-Cus dated 15.05.2009. This notification expired on May 15 2014. They resurrected it by Notification No. 29/2014, dated 04.07.2014, by which it was extended till 14th day of May, 2015.
It is a week since 14th May 2015 and there is no sign of any further extension. Can we assume that the notification is dead or will they resurrect it?
This is what happened.
The designated authority in its final findings dated the 5th May, 2015, has come to the conclusion that-
(a) there is continued dumping of the subject goods from the subject country;
(b) dumped imports of subject goods are causing injury to the domestic industry;
(c) the dumping of subject goods and injury to the domestic industry is likely to continue if the anti-dumping duty is revoked;
(d) continuation of definitive anti-dumping duty on all imports of the subject goods from the subject country is necessary in order to remove likely injury to the domestic industry;
and has recommended imposition of the anti-dumping duty on the subject goods, originating in or exported from the subject country.
The Government has considered the recommendation of the designated authority and imposed the anti dumping duty again for a period of five years from 09.07.2015.
While thanking the Government for not imposing this duty with retrospective effect from 15th May 2015, the valid question is, "was there no dumping and injury during the period 15.05.2015 to 08.07.2015?" Who is responsible for the injury caused to the domestic industry and the loss of revenue to the government?
Notification No. , Dated: July 09, 2015