CUSTOMS (ADD) Notification No 50 of 2018 dated 5th October, 2018

 

 

Seeks to levy definitive anti-dumping duty on nylon filament yarn imported from Vietnam and European Union.

Notification no 50/2018 Customs (anti-dumping duty) date on 5th October, 2018  

The extract of CUSTOMS (ADD) Notification No. 50/2018- CUSTOMS is given below: 

 Notification No. 50/2018-CUSTOMS (anti-dumping duty)

 

 

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] 

GOVERNMENT OF INDIA 

MINISTRY OF FINANCE

(Department of Revenue)

 

Notification

No.50/2018-Customs (ADD)

 

 

New Delhi, the 5th October, 2018

 

G.S.R. (E). –Whereas, in the matter of ‘Nylon Filament Yarn (Multi Filament)’ (hereinafter referred to as the subject goods) falling under tariff heading 5402 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 Vietnam and European Union (hereinafter referredto as subject countries), and imported into India, the Designated Authority in its final findings, published in the Gazette of India, Extraordinary, Part I, Section 1, vide notification No. 14/33/2016-DGAD dated the 6th August, 2018, has come to the conclusion that – 

(i)    the subject goods have been exported from the subject country to India below its normal value, resulting in dumping; 

(ii)   the domestic industry has suffered material injury due to dumping of the product under consideration from the subject country; 

(iii) the material injury has been caused by the dumped imports of the subject goods from subject country; 

and has recommended imposition of definitive anti-dumping duty on imports of the subject goods, originating in, or exported from the subject country and imported into India, in order to remove injury to the domestic industry;

 

Now, therefore, in exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the Customs Tariff Act, 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, the Central Government, after considering the aforesaid final findings of the designated authority, hereby imposes on the subject goods, the description of which is specified in column (3) of the Table below, falling under heading/sub heading/tariff item of the First Schedule to the Customs Tariff Act as specified in the corresponding entry in column (2), originating in the countries as specified in the corresponding entry in column (4), and exported from the countries as specified in the corresponding entry in column (5), produced by the producers as specified in the corresponding entry in column (6), exported by the exporters as specified in the corresponding entry in column (7) and imported into India, an anti-dumping duty at the rate equal to the amount as specified in the corresponding entry in column (8), in the unit as specified in the corresponding entry in column (9) of the said Table, namely:-

          

                                                                              Table 

Sl.No.	Sub-Heading	Description of Goods	Country of Origin	Country of Export	Producer	Exporter	Amount	Unit	Currency
1	5402	Nylon multi filament Yarn*	Vietnam	Vietnam	Formosa Industries Corporation (FIC)	1. Liang Haw Technology Co., Ltd. (LIHA). 2. Bosca Enterprises Limited (BOSCA), Hong Kong	384.02	MT	US$
2	5402	Nylon multi filament Yarn*	Vietnam	Vietnam	Hyosung Dong Nai Co. Ltd.	Hyosung Dong Nai Co. Ltd.	NIL	MT	US$
3	5402	Nylon multi filament Yarn*	Vietnam	Vietnam	Hyosung Dong Nai Co. Ltd.	1. Hyosung International (HK) Ltd.., Hong Kong 2. Ren Tong Industrial Ltd., Hong Kong	NIL	MT	US$
4	5402	Nylon multi filament Yarn*	Vietnam	Any country	Any	Any	719.44	MT	US$
5	5402	Nylon multi filament Yarn*	Any country other than subject countries	Vietnam	Any	Any	719.44	MT	US$
6	5402	Nylon multi filament Yarn*	European Union	Any country	Any	Any	128.06	MT	US$
7	5402	Nylon multi filament Yarn*	Any country other than subject countries	European Union	Any	Any	128.06	MT	US$

 *  Synthetic multi filament yarns of nylon or polyamides such as flat yarn-twisted and/or untwisted, crimped yarn, fully drawn yarn(FDY), spin drawn yarn (SDY), fully oriented yarn(FOY), high oriented yarn (HOY), partially oriented yarn (POY), textured yarn-twisted and/or untwisted, and dyed yarn, single, double, multiple, folded or cabled, classifiable within chapter 54 under customs subheading No. 5402. The product includes all variants of Nylon Filament Yarn or polyamide yarn such as flat/ textured/ twisted/ bright/ semi-dull/ full dull(or variants thereof), grey/coloured/dyed (or variants thereof), single, double, multiple, folded or cabled (or variants thereof), whether or not sized, but excludes high tenacity yarn of nylon. Specifically excluded from the scope of product under consideration are all man-made filament yarns not having nylon or polyamides and mono filament yarn, high tenacity yarn of nylon, BCF( Bulk Continous Filament) Yarn ,which is a crimped nylon filament yarn which has high tenacity of approximately 4 centi newton decitex and high denierage (approx.. 650 to 1650 decitex) and is normally used in carpet making.