Home India Ministry of Finance TDI...
Date: 2021-04-27 Category: Extra Ordinary State: Union Government Country: India

TDI

Issued by Ministry of Finance · Department of Revenue

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

## Policy Analysis Report: Rescission of Antidumping Duty Notification No. 43/2020-Customs (ADD) **1. Executive Summary:** This report analyzes a notification issued by the Ministry of Finance, Department of Revenue, which rescinds Notification No. 43/2020-Customs (ADD), dated December 2nd, 2020. This notification pertains to antidumping duties. The rescission implies a removal of previously imposed antidumping duties, impacting importers and domestic producers subject to the initial antidumping measures. The report focuses on the implications of this rescission. **2. Introduction:** This report aims to provide an informative overview of Notification No. 27/2021-Customs, published on April 27, 2021, which rescinds a previous notification regarding antidumping duties. The analysis is based solely on the provided text of the notification. **3. Policy Overview:** * This notification is an amendment/rescission of existing policy, specifically Notification No. 43/2020-Customs (ADD), dated December 2nd, 2020, published under G.S.R. 748(E). * The core objective, inferred from the text, is to *remove* the effect of antidumping duties previously imposed. **4. Background and Rationale:** The notification rescinds a previous antidumping duty notification. This suggests that the conditions or circumstances that led to the imposition of the antidumping duty, as outlined in Notification No. 43/2020-Customs (ADD), may no longer exist or have been deemed insufficient to warrant the continuation of the duty. The rescission could also be a result of a review process, changes in trade policy, or a reassessment of the injury caused by the dumped articles. **5. Key Provisions / Changes:** This notification is an amendment, specifically a **rescission**. * **Specific Part Changed:** The entirety of Notification No. 43/2020-Customs (ADD), dated December 2nd, 2020, is being rescinded. * **New Rule/Provision:** The new provision is *the absence* of the measures stipulated in the rescinded notification. The notification explicitly states it rescinds the previous notification “except as respects things done or omitted to be done before such rescission.” This means the antidumping duty will no longer be applicable *from the date of this new notification*, but past actions under the old notification remain valid. * **Difference/Effect:** The effect of this change is that the antidumping duties imposed under Notification No. 43/2020-Customs (ADD) are no longer in effect, providing relief to importers and potentially impacting domestic industries that benefited from the duty. **6. Target Audience and Stakeholders:** The target audience and stakeholders directly affected by this notification are: * **Importers:** Benefit from the removal of antidumping duties, potentially leading to lower costs. * **Domestic Producers:** May be negatively affected by the removal of antidumping duties, facing increased competition from imported goods. * **Consumers:** May potentially benefit from lower prices due to the decreased cost of imported goods. **7. Implementation Aspects (Inferred):** * **Responsible Agency:** The Ministry of Finance, Department of Revenue, is responsible for issuing and implementing this notification. * **Timelines/Procedures:** The rescission is effective from the date of the notification, April 27, 2021. The exception regarding “things done or omitted to be done before such rescission” implies that past actions taken under the rescinded notification remain valid. **8. Expected Outcomes / Impact of Changes:** The likely intended outcome of this rescission is: * **Reduced Costs for Importers:** Importers of the products previously subject to the antidumping duty will experience reduced costs, potentially increasing their profitability and competitiveness. * **Increased Competition for Domestic Producers:** Domestic producers may face increased competition from imports, potentially impacting their market share and profitability. * **Potential Price Reduction for Consumers:** Consumers may potentially benefit from lower prices due to the decreased cost of imported goods. **9. Conclusion:** Notification No. 27/2021-Customs, issued by the Ministry of Finance, Department of Revenue, rescinds Notification No. 43/2020-Customs (ADD), effectively removing previously imposed antidumping duties. This action will likely impact importers, domestic producers, and consumers, affecting trade dynamics and market competition. The "except as respects" clause emphasizes the prospective nature of the rescission. Further analysis of the original Notification No. 43/2020-Customs (ADD) would be needed for a more comprehensive understanding of the full implications.

Key Entities Referenced

Ministry of Finance: A department of the Government of India. Department of Revenue: A department within the Ministry of Finance, Government of India. Customs Tariff Act, 1975: An Indian law related to customs tariffs. Customs Tariff Identification, Assessment and Collection of Antidumping Duty on Dumped Articles and for Determination of Injury Rules, 1995: Rules pertaining to antidumping duties. Central Government: The executive authority of India. No. 432020Customs ADD: A notification number related to Customs ADD (Anti-Dumping Duty). Rajeev Ranjan: Under Secretary. New Delhi: Capital of India Mayapuri, New Delhi: Location of Government of India Press Delhi: Location of Controller of Publications
Official Source Record View Original Source →
See Full Document Text
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-27042021-226781 xxxGIDHxxx CG-DL-E-27042021-226781 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (i) PART II—Section 3—Sub-section (i) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 240] नई दिल्ली, मगं लिार, अप्रलै 27, 2021/ििै ाख 7, 1943 No. 240] NEW DELHI, TUESDAY, APRIL 27, 2021/VAISAKHA 7, 1943 जित्त मत्रं ालय (रािस्ट्ि जिभाग) अजधसचू ना नई दिल् ली, 27 अप्रलै , 2021 सख्ं य ा 27/2021-सीमािल्ु क (एडीडी) सा.का.जन. 298(अ).—सीमा िुल् क टैररफ अजधजनयम, 1975 (1975 का 51) की धारा 9क की उप धारा (2) और (5) के साथ परित सीमा िुल् क टैररफ (पारटत िस्ट् तओंु की पहचान, उनका आंकलन और उन पर प्रजतपाटन िल्ु क का संग्रहण तथा क्षजत जनधाारण) जनयमािली, 1995 के जनयम 13 और 20, के तहत प्रित् त िजियों का प्रयोग करत े हुए, केन्‍द र सरकार, एतद्द्वारा, भारत सरकार, जित् त मंत्रालय (रािस्ट् ि जिभाग) की अजधसूचना संख् या 43/2020-सीमा िुल् क (एडीडी), दिनांक 2 दिसंबर, 2020, जिसे सा.का.जन. 748(अ) दिनांक 2 दिसंबर, 2020 के तहत भारत के रािपत्र, असाधारण, के भाग II, खंड 3, उपखंड (i) म ें प्रकाजित दकया गया था, को जनरजसत, ऐसे जनरसन स े पूिा की गई अथिा न की गई बातों को छोड़त े हुए, करती ह ै। [फा. स.ं 354/150/2020–टीआरय]ू रािीि रंिन, अिर सजचि 2415 GI/2021 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 27th April, 2021 No. 27/2021-Customs (ADD) G.S.R. 298(E).—In exercise of the powers conferred by sub-sections (2) and (5) 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. 43/2020-Customs (ADD), dated the 2nd December, 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 748 (E), dated the 2nd December, 2020, except as respects things done or omitted to be done before such rescission. [F. No. 354/150/2020-TRU] RAJEEV RANJAN, Under Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

Continue your research