TMI BlogAnti-dumping duty on Acrylic FibreX X X X Extracts X X X X X X X X Extracts X X X X ..... s Tariff Act, 1975 (51 of 1975) and in pursuance of rule 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 (hereinafter referred to as the said rules), in the matter of continuation of anti-dumping duty on Acrylic Fibre falling under Chapter 55 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), (hereinafter referred to as the subject goods), originating in, or exported from, Korea RP and Thailand (hereinafter referred to as the subject countries) levied vide notification of the Government of India in the erstwhile Ministry of Finance and Company Affairs (Department of Revenue), 106/2002-Customs, dated the 9 th Octobe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Indian market at dumped prices, should the present measures be withdrawn; and (d) even though the domestic industry has improved its performance during the POI, the situation of domestic industry continues to be fragile and dumped imports from subject countries continue to cause a substantial injury to the domestic industry and if the present anti dumping duties is revoked, injury to the domestic industry is likely to continue and intensify; and has recommended continued imposition of definitive anti-dumping duty against the subject goods, originating in, or exported from, the subject countries in order to remove injury to the domestic industry; NOW, THEREFORE, in exercise of the powers conferred by sub-sections (1) and (5) of s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... her than US $ 2.40 per kilogram CIF (cost, insurance and freight), subject to a variation of 5 per cent. in the said CIF value. 2. The anti-dumping duty imposed under this notification shall be effective for a period of five years (unless revoked, superseded or amended earlier) from the date of publication of this notification in the Gazette of India and shall be paid in Indian currency. Explanation . - For the purposes of this notification, 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 conferred by section 14 o ..... X X X X Extracts X X X X X X X X Extracts X X X X
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