Anti Dumping Duty on PVC Flex Films - Retrospective?
THE Anti Dumping Duty on PVC Flex Films originating in, or exported from, People's Republic of China, was imposed provisionally by Notification No. 79/2010 - Cus, dated 30.07.2010. The Notification clearly mentioned that the anti dumping duty imposed under the notification shall be effective up to and inclusive of the 29th of January 2011. That is the duty is not valid from 30.01.2011.
After eight months of the expiry, Government imposed anti dumping duty on the product for a period of five years from the date of imposition of provisional duty, that is, the 30th July 2010, by Notification No. 82/2011-Cus dated 25.08.2011.
This retrospectively imposed Anti Dumping Duty expired on 30.07.2015 and obviously went unnoticed.
Now, after 18 days of its expiry, they have extended the validity of the dead notification till 29.07.2016.
Do they have any policy on retrospective imposition of Anti Dumping Duty? Is the Finance Minister who tells the world that India would not impose any duty retrospectively, aware of what happens under his nose?
Notification No. , Dated: August 18, 2015