Home India Ministry of Finance Whereas, in the matter of import of Ofloxacin hereinafter re...
Date: 2018-03-15 Category: Extra Ordinary State: Union Government Country: India

Whereas, in the matter of import of Ofloxacin hereinafter referred to as the subject goods falling

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

Executive Summary: This notification, issued by the Department of Revenue, Ministry of Finance on March 15, 2018, imposes an antidumping duty on imports of Ofloxacin originating in or exported from China PR. This decision follows a final finding that the product was exported to India below its normal value, causing material injury to the domestic industry. The antidumping duty is effective for three years from the date of publication unless amended earlier. Key Points / Main Content: * **Imposition of Antidumping Duty:** * An antidumping duty is imposed on Ofloxacin, classified under tariff item 3004 20 34. * The duty applies to Ofloxacin originating in or exported from China PR. * The duty aims to remove injury to the domestic industry. * **Duty Rates and Specifications:** * The antidumping duty is specified in a table based on the producer and exporter. * Zhejiang East Asia Pharmaceutical Co. Ltd.: \$6.86 per Kg. * Zhejiang Apeloa Kangyu Pharmaceutical Company Limited: \$2.58 per Kg. * Any other combination: \$9.48 per Kg. * **Duration and Currency:** * The antidumping duty is effective for three years from the date of notification publication. * The duty is payable in Indian currency. * The rate of exchange will be determined as per Section 14 of the Customs Act, 1962 on the date of bill presentation. Impact Analysis: Stakeholders Impacted: Domestic Ofloxacin Industry Impact: Protection from unfair competition due to dumped imports, potentially leading to improved market share and profitability. Action Required: Monitor the effectiveness of the antidumping duty and report any issues or concerns to the relevant authorities. Stakeholders Impacted: Importers of Ofloxacin from China PR Impact: Increased costs due to the antidumping duty, potentially affecting profit margins and competitiveness. Action Required: Pay the applicable antidumping duty and factor it into pricing strategies. Stakeholders Impacted: Consumers Impact: Possible increase in the price of Ofloxacin due to the antidumping duty. Action Required: No direct action required.

Key Entities Referenced

Ministry of Finance: The Indian government ministry responsible for financial matters, including revenue. Department of Revenue: The department within the Ministry of Finance responsible for revenue collection and administration of tax laws. New Delhi: The location where the notification was issued. New Delhi is the capital of India. Customs Tariff Act, 1975: An Indian law that specifies the rates of customs duties on goods imported into India. China PR: People's Republic of China, identified as the country of origin or export of the subject goods. Ofloxacin: The specific chemical compound that is the subject of the antidumping duty investigation. Customs Act, 1962: An Indian law relating to the levy of customs duties, import and export procedures, and prevention of smuggling. Zhejiang East Asia Pharmaceutical Co. Ltd: A Chinese producer of Ofloxacin.
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6काशन क5 तारीख से तीन वष’ क5 अविध तक (य(cid:6)द इसस ेपहले इस ेवापस नहS िलया जाता ह,,ै,, इसका अिधTमण नहS होता ह,,ै,, या इसम! संशोधन नहS होता ह ैतो) लाग ू रहगे ी और इसका भुगतान भारतीय मुNा म! करना होगा । Fप <ट ीकरण – इस अिधसूचना के उUे(cid:22)य के िलए ऐसे 6ितपाटन शु/ क क5 गणना के 6योजन हते ु लागू िविनमय दर वही दर होगी जो (cid:6)क भारत सरकार,,,, िव&त म;ं ालय (राजF व िवभाग) क5 अिधसचू ना,,,, िजस े सीमा शु/ क अिधिनयम,,,, 1962 (1962 का 52) क5 धारा 14 के तहत 6द&त शिKयL का 6योग करत े @ए समय-समय पर जारी (cid:6)कया गया हो,,,, म! िविन>द<ट क5 गई होगी और इस िविनमय दर के िनधा’रण क5 संगत तारीख वह तारीख होगी जो (cid:6)क उ, त अिधिनयम सीमा श/ु क अिधिनयम,,,, 1111999966662222 क5 धारा 46 के अंतगत’ आगम प; म! 6द(cid:29)शत होगी । [[[[फा.... स..ं.. 333355554444////55559999////2222000011118888 ––––टीआरयू] (cid:3)िच (cid:6)ब< ट, अवर सिचव¹Hkkx IIµ[k.M 3(i)º Hkkjr dk jkti=k % vlk/kj.k 3 MINISTRY OF FINANCE (Department Of Revenue) NOTIFICATION New Delhi, the 15th March, 2018 No. 8/2018-Customs (ADD) G.S.R. 232(E).—Whereas, in the matter of import of ‘Ofloxacin’ (hereinafter referred to as the subject goods) falling under the tariff item 3004 20 34 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs Tariff Act), originating in, or exported from China PR (hereinafter referred to as the subject country), and imported into India, the designated authority in its final findings vide notification number 14/6/2016- DGAD, dated the 22nd Decembe, 2017, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 22nd December, 2017, has come to the conclusion that- (a) the product under consideration has been exported to India from the subject country below its normal value, resulting in dumping; (b) the domestic industry has suffered material injury due to dumping of the product under consideration from the subject country; (c) the material injury has been caused by the dumped imports from the subject country, and has recommended the imposition of definitive anti-dumping duty on the imports of subject goods, originating in or exported from the subject country and imported into India, in order to remove injury to the domestic industry. Now, therefore, in exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the Customs Tariff Act and 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, after considering the aforesaid final findings of the designated authority, hereby imposes on the subject goods, the description of which is specified in column (3) of the Table below, falling under tariff item of the First Schedule to the Customs Tariff Act as specified in the corresponding entry in column (2), originating in the countries as specified in the corresponding entry in column (4), exported from the countries as specified in the corresponding entry in column (5), produced by the producers as specified in the corresponding entry in column (6), exported by the exporters as specified in the corresponding entry in column (7), and imported into India, an anti-dumping duty at the rate equal to the amount as specified in the corresponding entry in column (8), in the currency specified in the corresponding entry in column (10) and per unit of measurement as specified in the corresponding entry in column (9) of the said Table: TABLE S. Tariff Description County County Producer Exporter Duty Unit of Currency No. item of goods of of amount Measure origin export (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) 1 3004 20 34 Ofloxacin China China Zhejiang East- Zhejiang 6.86 Kg US$ PR PR Asia East- Asia Pharmaceutical Pharmaceutical Co. Ltd Co. Ltd 2 3004 20 34 Ofloxacin China China Zhejiang Zhejiang 2.58 Kg US$ PR PR Apeloa Apeloa Kangyu Kangyu Pharmaceutical Pharmaceutical Company Company Limited Limited 3 3004 20 34 Ofloxacin China China Any other Any other 9.48 Kg US$ PR PR combination combination other than S.N. other than S.N. 1 & 2 1 & 2 4 3004 20 34 Ofloxacin China Any Any Any 9.48 Kg US$ PR4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] 5 3004 20 34 Ofloxacin Any China Any Any 9.48 Kg US$ PR 2. The anti-dumping duty imposed shall be effective for a period of three years (unless revoked, superseded or amended earlier) from the date of publication of this notification in the Official Gazette and shall be payable in Indian currency. Explanation.- For the purposes of this notification, rate of exchange applicable for the purposes of calculation of such 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 conferred by 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 Act. [F. No. 354/59/2018 –TRU] RUCHI BISHT, 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.

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