TMI BlogAnti Dumping duty on import of acrylonitrile butadiene rubber (NBR) from the European Union (excluding Germany), Brazil and MexicoX X X X Extracts X X X X X X X X Extracts X X X X ..... in, or exported from, the European Union (excluding Germany), Brazil and Mexico (hereinafter referred to as the subject countries), the designated authority vide its preliminary findings No.14/32/2003-DGAD, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 30 th March, 2005 had come to the conclusion that- (a) the dumping margins of the subject goods imported from the subject countries are substantial and above de-minimis levels; (b) the domestic industry suffers material injury in terms of loss of market share, low capacity utilization and profitability; and (c) injury has been caused to the domestic industry both by volume and price effect of dumped imports of the subject goods originating in or ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ffect of dumped imports of the subject goods from the subject countries; and has recommended imposition of definitive anti-dumping duty on imports of acrylonitrile butadiene rubber (NBR) in bale form [excluding powder and carboxylated NBR], classified under heading 4002 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from the subject countries. Now, therefore, in exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the Customs Tariff Act, 1975 (51 of 1975), read with rules 18 and 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, and in supersession of the notificat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) 1. 4002 Acrylonitrile Butadiene Rubber (NBR) [excluding powder and carboxylated NBR] In Bale form Brazil Any M/s Petroflex, Brazil M/s Petroflex, Brazil 195.08 Metric tonne US $ 2. 4002 -do- In Bale form Brazil Any M/s Nitriflex, Brazil M/s Nitriflex, Brazil 274.51 Metric tonne US$ 3. 4002 -do- In Bale form Brazil Brazil Any other than above Any 306.55 Metric tonne US $ 4. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rovisional anti-dumping duty on the subject goods, i.e. the 7 th June, 2005 and shall be payable 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 under sub-clause (i) of clause (a) of sub-section (3) of 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. (Ajay) ..... X X X X Extracts X X X X X X X X Extracts X X X X
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