Anti Dumping Duty on flexible slabstock polyol ( FSP ) – re imposed.
The ADD on flexible slabstock polyol or FSP falling under sub-heading 3907 20 originating in, or exported from, the United States of America, Japan, the European Union and Singapore, imposed vide notification , No. 120/2002-Customs, dated the 31 st October, 2002 was extended till 10.2.2008 by Notification No. 12/2007 -Customs dated the 6 th February, 2007. Before this could expire this Sunday, as the Designated Authority has recommended continued imposition of anti-dumping duty against the subject goods originating in, or exported from, the United States of America, to offset dumping and against Singapore and Japan to prevent recurrence of dumping in order to remove the likelihood of injury to the domestic industry, the Government has introduced Anti Dumping Duty on the goods for another period of five years from 5.2.2008.
Consequently Notification No. 120/2002 which has a couple of more days to die has been rescinded.
NOTIFICATION NO. 15 and