Anti Dumping Duty on Purified Terephthalic Acid - No duty for period between lapsing of provisional and imposition of final ADD
THE Government had imposed provisional anti dumping duty on Purified Terephthalic Acid including its variants Medium Quality Terephthalic acid & Qualified Terephthalic Acid falling under tariff item 2917 36 00 of the First Schedule to the Customs Tariff Act originating in, or exported from the People's Republic of China, Iran, Indonesia, Malaysia and Taiwan, by Notification No. , dated 10.12.2015.
This expired on 9th June 2016. But the Designated Authority found that:
(i) the subject goods have been exported to India from subject countries below its normal value, resulting in dumping;
(ii) the domestic industry has suffered material injury due to dumping of the subject goods from the subject countries;
(iii) material injury has been caused by the dumped imports of subject goods from the subject countries,
and has recommended the imposition of definitive anti-dumping duty on imports of the subject goods originating in, or exported from the subject countries;
And so the Government has re-imposed the duty with effect from 5th July 2016. But what about the duty for the period from 10th June to 5th July?
The Government has clarified that the said anti-dumping duty shall not be levied for the period commencing from the date of the lapse of the provisional anti-dumping duty, that is, the 10th June, 2016 upto the preceding day of the publication of this notification in the Official Gazette.
Notification No. ., Dated: July 5, 2016