TMI BlogSeeks to levy anti dumping duty on imports of Polytetrafluoroethylene (PTFE) originating in or exported from Korea RP, to prevent the circumvention of anti dumping duty levied on Polytetrafluoroethylene (PTFE) originating in or exported from Russia vide notification No. 23/2016-Customs(ADD) dated 6th June, 2016.X X X X Extracts X X X X X X X X Extracts X X X X ..... luoroethylene (PTFE) falling under the tariff item 3904 61 00 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs Tariff Act), originating in or exported from Russia, the designated authority, vide its final findings in notification No. 15/2/2015-DGAD, dated the 12th April 2016, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 12th April 2016, had recommended imposition of the anti-dumping duty on Polytetrafluoroethylene or PTFE, originating in or exported from Russia. And whereas, on the basis of the aforesaid findings of the designated authority, the Central Government had imposed anti-dumping duty on imports of Polytetrafluoroethylene (PTFE) , ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n its final findings, published vide notification No.07/22/2020-DGTR, dated the 27th January, 2021, in the Gazette of India, Extraordinary, Part I, Section 1, has come to the conclusion that- (i) there has been a change in pattern of trade in case of subject goods from the subject country; (ii) imports of subject goods from the subject country are entering at dumped prices; (iii) the import of subject goods from the subject country has undermined the remedial effect of existing anti-dumping measure on the imports of the subject goods originating in or exported from Russia, and has recommended imposition of the existing anti-dumping duty imposed on the imports of Polytetrafluoroethylene (PTFE) , originating in or exported from R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in column (9), in the currency specified in the corresponding entry in column (11) and as per unit of measurement specified in the corresponding entry in column (10) of the said Table, namely:- Table S.No. Tariff item Description of goods Specifi cation Country of origin Country of export Producer Exporter Amount Unit of measur ement Currency (1) (2) (3) (4) (5) (6) (7) (8) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e paid in Indian currency. Explanation .- For the purposes of this notification, rate of exchange applicable for the purposes of calculation of such 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 conferred by section 14 of the Customs Act, 1962 (52 of 1962), and the relevant date for the 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. [F. No. 354/113/2020-TRU] (Rajeev Ranjan) Under Secretary to the Government of India ************ NOTES:- 1. Corre ..... X X X X Extracts X X X X X X X X Extracts X X X X
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