7/2002 date 16/01/2002

Anti-dumping Duty on Poly-Iso-Butylene falling under sub heading 3902.20.
WHEREAS in the matter of import of Poly-Iso-Butylene falling under sub heading 3902.20 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, the European Union, Brazil, Japan, People’s Republic of Korea, Singapore and Thailand, the designated authority vide its preliminary findings, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 12th December, 2001, has come to the conclusion that -

(a) Poly-Iso-Butylene originating in, or exported from, the European Union, Brazil, Japan, People’s Republic of Korea, Singapore and Thailand , have been exported to India below normal value, resulting in dumping;

(b) the Indian industry has suffered material injury only from exports of Poly-Iso-Butylene from Brazil, Japan, People’s Republic of Korea and Singapore;

(c) injury has been caused cumulatively by the imports from Brazil, Japan, People’s Republic of Korea and Singapore;

Now, therefore, in exercise of powers conferred by sub-section (2) of section 9A of the said Customs Tariff Act, read with rules 13 and 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, the Central Government, on the basis of above findings of the designated authority, hereby imposes on Poly-Iso-Butylene falling under sub-heading 3902.20 of the First Schedule to the said Customs Tariff Act, originating in, or exported from, country or territory specified in column (2) of the Table annexed below, and exported by exporters specified in corresponding entries in column (3) of the said Table, an anti-dumping duty at the rate which is to be calculated as the difference between the amount specified in the corresponding entries in column (4) and landed value of such imported Poly-Iso-Butylene per metric tonne.

Table

Sl. No	Name of the Country/Territory	Name of the Producer/ Exporter	Amount (in US $ per metric tonne)
(1)	(2)	(3)	(4)
1	People’s Republic of Korea	(i) M/s Daelim Corporation Ltd.	1037.77
		(ii) All other exporters/producers	1037.77
2	Brazil	All exporters/producers	1037.77
3	Japan	All exporters/producers	1037.77
4	Singapore	All exporters/producers	1037.77

2. The anti-dumping duty imposed under this notification shall be effective upto and inclusive of the 15th day of July, 2002, and shall be payable in Indian currency.

Explanation. - For the purposes of this notification, -

(a) "landed value" means the assessable value as determined under the Customs Act, 1962 (52 of 1962) and includes all duties of Customs except duties levied under sections 3, 3A, 8B, 9 and 9A of the said Customs Tariff Act;

(b) rate of exchange applicable for the purposes of calculation of anti-dumping duty shall be the rate which is specified in the notification of the Government of India in the Ministry of Finance (Department of Revenue), issued from time to time, in exercise of the powers under sub-clause (i) of clause (a) of sub-section (3) of section 14 of the said Customs Act, and the relevant date for determination of the rate of exchange shall be the date of presentation of the bill of entry under section 46 of the said Customs Act.