Home India Ministry of Finance The Central Govt. hereby makes the following amendment in th...
Date: 2014-06-19 Category: Extra Ordinary State: Union Government Country: India

The Central Govt. hereby makes the following amendment in the notification of the Govt. of India, in the Ministry of Finance (Department of Revenue), No. 39-2010- Customs, dated the 23th March, 2010.

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

Executive Summary: This notification concerns the continuation of antidumping duty on specific plastic processing or injection moulding machines originating from China PR. It follows a review initiated on May 9, 2014, and extends the antidumping duty until May 11, 2015, pending the review's completion. The notification amends a previous notification from March 23, 2010. Key Points / Main Content: * **Extension of Antidumping Duty:** * Antidumping duty on plastic processing or injection moulding machines from China PR will continue. * The machines in question have a clamping force between 40 and 1000 tonnes. * **Legal Basis:** * The extension is based on Section 9A, subsections 1 and 5 of the Customs Tariff Act, 1975. * It also adheres to Rule 23 of the Customs Tariff (Identification, Assessment and Collection of Antidumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995. * **Amendment to Previous Notification:** * Notification No. 39/2010-Customs, dated March 23, 2010, is amended. * A new paragraph 3 is inserted, specifying the expiration date. * **Effective Period:** * The antidumping duty remains in force until May 11, 2015. Impact Analysis: Stakeholder: Importers of Plastic Processing Machines: Impact: Additional cost for importing the specified machinery from China due to antidumping duty, until May 11, 2015. Action Required: Factor in the antidumping duty when importing the specified machines from China PR. Stakeholder: Domestic Manufacturers of Plastic Processing Machines: Impact: Protection from potentially unfair competition from dumped imports, creating a more level playing field. Action Required: Monitor the market and report any instances of non-compliance or circumvention of the antidumping duty. Stakeholder: Customs Authorities: Impact: Enforcement of the antidumping duty on the specified machines from China PR. Action Required: Implement and enforce the extended antidumping duty until May 11, 2015, ensuring correct assessment and collection.

Key Entities Referenced

Customs Tariff Act, 1975: An act of the Indian Parliament related to customs duties. China PR: Country from which plastic processing or injection moulding machines are exported Ministry of Finance Department of Revenue: The department within the Indian government responsible for revenue and finance matters. Customs Tariff Identification, Assessment and Collection of Antidumping Duty on Dumped Articles and for Determination of Injury Rules, 1995: Rules pertaining to the identification, assessment, and collection of antidumping duties on dumped articles in India. New Delhi: The location where the notification was issued. G.S.R. 414(E): A notification number related to customs. 1522014DGAD: Notification number from designated authority. RAJ KUMAR DIGVIJAY: Under Secretary who signed the notification
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Notwithstanding anything contained in paragraph 2, this notification shall remain in force upto and inclusive of the 11th day of May, 2015.” [F. No. 354/53/2009-TRU (Pt-I)] RAJ KUMAR DIGVIJAY, Under Secy. Note: The principal notification was published in the Gazette of India, Extraordinary, Part II, Section-3, Sub- section (i), vide number G.S.R. 210(E), dated the 23rd March, 2010. Printed by the Manager, Government of India Press, Ring Road, Mayapuri, Ne w Delhi-110064 and Published by the Controller of Publications, Delhi-110054-

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