Home India Ministry of Finance In exercise of the powers conferred by sub sections 1 and 5 ...
Date: 2018-01-17 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by sub sections 1 and 5 of section 9A of the Customs Tariff Act

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

This notification, No. 22/2018-Customs (ADD), issued by the Ministry of Finance, Department of Revenue, rescinds notification No. 40/2012-Customs (ADD), dated August 30, 2012, effective January 17, 2018. The rescission is made under the authority of subsections (1) and (5) of section 9A of the Customs Tariff Act, 1975, read with rules 18, 20, and 23 of the Customs Tariff (Identification, Assessment and Collection of Antidumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995. However, the rescission does not apply to actions taken or omitted before the date of rescission. Furthermore, antidumping duties (ADD) paid on or after August 29, 2017, under notification No. 40/2012-Customs (ADD), dated August 30, 2012, will be refunded to the original payer, provided the burden of the ADD was not passed on, and in accordance with the law. The file number for this notification is F. No. 354/172/2000-TRU (Pt. III). Ruchi Bisht, Under Secretary, is the contact person.

Key Entities Referenced

Customs Tariff Act, 1975: Indian legislation concerning customs tariffs. Specifically, Section 9A is referenced regarding antidumping duties. Customs Tariff Identification, Assessment and Collection of Antidumping Duty on Dumped Articles and for Determination of Injury Rules, 1995: Indian rules governing the identification, assessment, and collection of antidumping duties. Central Government: The executive branch of the Government of India, responsible for rescinding the notification. Ministry of Finance, Department of Revenue: The Indian government ministry and department responsible for the notification and customs-related matters. New Delhi: The location where the notification was issued, and likely the headquarters of the Ministry of Finance. G.S.R. 38E: A notification number related to customs. RUCHI BISHT: Under Secretary who signed the notification. Notification No. 40/2012-Customs ADD: A previous notification regarding antidumping duties that is being rescinded.
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