Anti Dumping Duty on acrylic fibre – resurrection?
The Anti Dumping Duty on acrylic fibre originating in, or exported from, USA, Korea RP and Thailand was imposed by Notification No. 106/2002-Customs, DATED : October 9, 2002. This has expired on 8th October 2007.
The DGAD had initiated, on 8th October, 2007, review in the matter of continuation of anti-dumping duty on acrylic fibre, originating in, or exported from Korea RP and Thailand. That is, the review was initiated on the date of death of the notification. And this review did not include imports from USA. The DG has not so far concluded the review and has asked for extension of anti-dumping duty on import of acrylic fibre, originating in, or exported from Korea RP and Thailand for a period of one year from the date of its expiry, in terms of sub-section (5) of section 9A of the said Customs Tariff Act, pending the completion of the review.
But shouldn’t this be done before the expiry date?
Anyway, Government has obliged the Designated Authority and extended the validity of the notification till 8th October, 2008.
What about the period from 9.10.2007 to 15.11.2007, when there was no anti dumping duty on this product?
Why should the importer pay for the lethargy of the government?
And the extended date is not applicable to imports from USA.
NOTIFICATION NO , Dated: November 16, 2007