Anti-dumping Duty on Polytetrafluoroethylene Extended
THE anti-dumping duty on 'Polytetrafluoroethylene(PTFE)', falling under Chapter 3904 61 00 of the First Schedule to the Customs Tariff Act, 1975 originating in, or exported from, Russia, imposed vide notification No. 57/2010-CUSTOMS, dated the 3rd May, 2010 was extended till 2nd May 2015 by Notification No. 17/2015-Cus(ADD) dated 1.5.2015. Now this expired on 2 nd May 2015 and this expiry went unnoticed.
Now they have re-imposed the duty with effect from 6th June 2016. Was there no dumping and injury to domestic industry during the period 3rd May 2016 to 5th June 2016.Obviously, there was, as evidenced by the final findings dated 12th April 2016 of the Designated authority.
Thank fully, the Government has not gone for the retrospective weapon.
Notification No. ., Dated June 6, 2016