TMI BlogThis Notification imposes Anti-Dumping duty on Ethylene Propylene Diene Rubber (EPDM) originating in, or exported from JapanX X X X Extracts X X X X X X X X Extracts X X X X ..... ry findings published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 24th December, 1998 had come to the conclusion that - (a) EPDM rubber originating in, or exported from Japan has been exported to India below normal value, resulting in dumping; (b) the Indian industry has suffered material injury; (c) the injury has been caused cumulatively by the imports from the subject countries; AND WHEREAS on the basis of the aforesaid findings of the designated authority, the Central Government had imposed an anti dumping duty on the said EPDM rubber vide notification of the Government of India in the Ministry of Finance (Department of Revenue ), No. 38/99- Customs, dated the 12th April, 1999 [G.S.R. 258(E), dated the 1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mping duty should be imposed in the terms of dollar. Accordingly, on conversion, table in the final findings of me Designated Authority is modified as under :- S.No. Name of the Company or Exporter Amount (US $ per metric tonne) (1) (2) (3) 1. M/s. JSR 2819.16 2. M/s. DSM 2933.47 3. Any Other Exporter 2933.47 But for the above modifications, the order passed by the Designated Authority is otherwise upheld". AND WHEREAS the designated authority has accepted the above order of CEGAT dated the 9th February,2000; Now, therefore, in exercise of the powers conferred by subsection (1) of section 9A of the said Customs Ta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lue" means the assessable value as determined by the proper officer under the Customs Act, 1962 (52 of 1962) and includes all duties of customs except duties levied under sections 3, 3 A, 8B, 9 and 9A, as the case may be, of the Customs Tariff Act, 1975. Explanation II.- For the purposes of this notification, the anti-dumping duty shall be paid in Indian currency. The "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 powers under sub-clause (i) of clause (a) of sub-section (3) of section 14 of the said Customs Act and the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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