Date: 2020-07-06Category: Extra OrdinaryState: Union GovernmentCountry: India
Having regard to the Customs Tariff Act 1975 as amended from time to time and the Customs Tariff Identification Assessment and Collection of Antidumping Duty on Dumped Articles and for Determination of Injury Rules
Executive Summary:
This is a corrigendum notification issued by the Directorate General of Trade Remedies, Ministry of Commerce and Industry, regarding an antidumping duty investigation concerning imports of Polystyrene. It substitutes tables in the final findings notification No. 6102019DGTR dated 12th June 2020, related to price undercutting for Chinese Taipei and price suppression and depression. The notification is dated July 6, 2020.
Key Points / Main Content:
* **Price Undercutting (Chinese Taipei):**
* The table in paragraph 71 of the original notification concerning price undercutting for Chinese Taipei is replaced.
* The new table provides updated figures for GPPS and HIPS Landed Value and Domestic Selling Price, both in RsMT and Trend Indexed format, for the periods 2015-16, 2016-17, 2017-18, and the Period of Investigation (POI).
* It includes Price Undercutting in RsMT and Price Undercutting Range.
* **Price Suppression and Depression:**
* The table in paragraph 73 of the original notification concerning price suppression and depression is replaced.
* The new table provides Landed Values (RsMT) from Iran, UAE, USA, Malaysia, Singapore and Chinese Taipei and Landed Value from Subject Countries for the periods 2015-16, 2016-17, 2017-18, and the Period of Investigation (POI).
* It also includes Trend Indexed data.
* Net selling price of Domestic Industry and Cost of Sales are provided, both in RsMT and Trend Indexed format.
Impact Analysis:
* **Domestic Industry:**
* Impact: Affected by the corrected data on price undercutting, suppression and depression, which may influence the final antidumping duty determination.
* Action Required: Review the revised data to understand the potential impact on the antidumping duty and adjust business strategies accordingly.
* **Importers of Polystyrene from Iran, Malaysia, Singapore, Chinese Taipei, UAE and USA:**
* Impact: The corrected data on price undercutting, suppression and depression for Chinese Taipei may affect the determination of antidumping duties applicable to them.
* Action Required: Analyze the revised data to assess potential changes in antidumping duties and their impact on import costs.
* **Designated Authority:**
* Impact: Responsible for ensuring accurate data and calculations in the antidumping investigation.
* Action Required: Ensure the corrected data is used in the final determination of antidumping duties.
Key Entities Referenced
New Delhi: The city in India where the notification was issued.
Customs Tariff Act, 1975: An act related to customs and tariffs.
Customs Tariff Identification, Assessment and Collection of Antidumping Duty on Dumped Articles and for Determination of Injury Rules, 1995: Rules pertaining to antidumping duty.
Directorate General of Trade Remedies: A department under the Ministry of Commerce and Industry.
Ministry of Commerce and Industry: The ministry responsible for trade and commerce.
Iran: A country from which Polystyrene imports are being investigated.
Malaysia: A country from which Polystyrene imports are being investigated.
Chinese Taipei: A country from which Polystyrene imports are being investigated.