MINISTRY OF FINANCE

(Department of Revenue)

NOTIFICATION

New Delhi, the 24th July, 2002

No. 74/2002-CUSTOMS

G.S.R 520(E).— WHEREAS in the matter of import of Acrylic Yarn, falling under heading

54.02 or 55.09 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating

in, or exported from, Nepal, the designated authority vide its preliminary findings, published in

the Gazette of India, Extraordinary, Part I, Section 1, dated the 25th September, 2001, had

come to the conclusion that-

(a) Acrylic Yam had been exported to India from Nepal below its normal value;

(b) the Indian industry had suffered material injury and was being threatened with further

injury;

and the designated authority had considered it necessary to impose anti-dumping duty,

provisionally, pending final determination, on all imports of acrylic yarn, originating in, or

exported from, Nepal;

AND WHEREAS on the basis of the aforesaid findings of the designated authority, the

Central Government had imposed an anti-dumping duty vide notification No. 105/2001-

Customs, dated the 10th October, 2001, published in Part II, Section 3, Sub-section (i) of the

Gazette of India, Extraordinary, dated the 10th October, 2001 vide No. G.S.R. 769 (E), dated

the 10th October, 2001;

AND WHEREAS, the designated authority, vide its final findings, published in the

Gazette of India, Extraordinary, Part I, Section I, dated the 2nd July, 2002, has come to the

conclusion that-

(a) Acrylic Yam has been exported from Nepal to India below its normal value;

(b) the Indian industry has suffered material injury on account of price undercutting,

price suppression and significant increase in the volume of dumped imports from

Nepal and is being threatened with further injury;

THE GAZETTE OF INDIA: EXTRAORDINARY

[PART II—SEC. 3(t)]

Nepal;

NOW, therefore, in exercise of the powers conferred by sub-sections (1) and (5) of

section 9A of the said 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, on the basis of the above

findings of the designated authority, hereby imposes on Acrylic Yarn, falling under heading

54.02 or 55.09 of the First Schedule to the said Customs Tariff Act, originating in, or exported

from, Nepal, and exported by exporters/producers specified in column (2) of the Table given

below, and imported into India, an anti-dumping duty at the rate specified in the corresponding

entry in column (3) of the said Table.

TABLE

S.No.

(1)

Name of the exporter/producer

(2)

M/S. Reliance Spinning Mills Ltd.

All other exporters/producers

Anti-dumping duty

(US$ per kg.)

(3)

0.14

0.35

The anti-dumping duty imposed under this notification shall be levied with effect from

the date of imposition of the provisional anti-dumping duty, i.e., the 10th October, 2001, and

shall be payable 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 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.

[F. No. 354/127/2002-TRUJ

VIVEK PRASAD, Under Secy.

NOTIFICATION

New Delhi, the 24th July, 2002

No. 75/2002-CUSTOMS

G.S.R. 521(E).— In exercise of powers conferred by sub-section (2) of section 9A of the

Customs Tariff Act, 1975 (51 of 1975), read with rules 13 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 hereby rescinds the notification

of the Government of India in the Ministry of Finance (Department of Revenue), No. 105/2001-

Customs, dated the 10th October, 2001 [G.S.R. 769 (E), dated the 10th October, 2001], except

as respects things done or omitted to be done before such rescission.

[F. No. 354/127/2002-TRU]

VIVEK PRASAD, Under Secy.

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