DEMO|

THE CUSTOMS TARIFF ACT 1975 (Notification)
-

Body Notification No.50/2018-Customs (ADD), F. No. 354/326/2018 -TRU, Dated, 5th October, 2018

Whereas, in the matter of 'Nylon Filament Yarn (Multi Filament)' (hereinafter referred to as the subject goods) falling under tariff heading 5402 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 Vietnam and European Union (hereinafter referred to as subject countries), and imported into India, the Designated Authority in its final findings, published in the Gazette of India, Extraordinary, Part I, Section 1, vide notification No. 14/33/2016-DGAD dated the 6th August, 2018, has come to the conclusion that,-

    (i) the subject goods have been exported from the subject country to India below its normal value, resulting in dumping;

    (ii) the domestic industry has suffered material injury due to dumping of the product under consideration from the subject country;

    (iii) the material injury has been caused by the dumped imports of the subject goods from subject country;

and has recommended imposition of definitive anti-dumping duty on imports of the 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, read with 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 heading/sub heading/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), and 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 unit as specified in the corresponding entry in column (9) of the said Table, namely:-

Table

Sl. No. Sub- Heading Description of Goods Country of Origin Country of Export Producer Exporter Amount Unit Currency
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10)
1 5402 Nylon multi filament Yarn* Vietnam Vietnam Formosa Industries Corporation (FIC) 1. Liang Haw Technology Co., Ltd. (LIHA). 2. Bosca Enterprises Limited (BOSCA), Hong Kong 384.02 MT US$
2 5402 Nylon multi filament Yarn* Vietnam Vietnam Hyosung Dong Nai Co. Ltd. Hyosung Dong Nai Co. Ltd. NIL MT US$
3 5402 Nylon multi filament Yarn* Vietnam Vietnam Hyosung Dong Nai Co. Ltd. 1. Hyosung International (HK) Ltd.., Hong Kong

2. Ren Tong Industrial Ltd., Hong Kong

NIL MT US$
4 5402 Nylon multi filament Yarn* Vietnam Any country Any Any 719.44 MT US$
5 5402 Nylon multi filament Yarn* Any country other than subject countries Vietnam Any Any 719.44 MT US$
7 5402 Nylon multi filament Yarn* European Union Any country Any Any 128.06 MT US$
8 5402 Nylon multi filament Yarn* Any country other than subject countries European Union Any Any 128.06 MT US$

* Synthetic multi filament yarns of nylon or polyamides such as flat yarn-twisted and/or untwisted, crimped yarn, fully drawn yarn(FDY), spin drawn yarn (SDY), fully oriented yarn(FOY), high oriented yarn (HOY), partially oriented yarn (POY), textured yarn-twisted and/or untwisted, and dyed yarn, single, double, multiple, folded or cabled, classifiable within chapter 54 under customs subheading No. 5402. The product includes all variants of Nylon Filament Yarn or polyamide yarn such as flat/ textured/ twisted/ bright/ semi-dull/ full dull(or variants thereof), grey/coloured/dyed (or variants thereof), single, double, multiple, folded or cabled (or variants thereof), whether or not sized, but excludes high tenacity yarn of nylon. Specifically excluded from the scope of product under consideration are all man-made filament yarns not having nylon or polyamides and mono filament yarn, high tenacity yarn of nylon, BCF( Bulk Continous Filament) Yarn ,which is a crimped nylon filament yarn which has high tenacity of approximately 4 centi newton decitex and high denierage (approx.. 650 to 10000 decitex) and is normally used in carpet making.

2. The anti-dumping duty imposed under this notification shall be effective for a period of five years (unless revoked, superseded or amended earlier) from the 6 th day of October, 2018 and shall be paid in Indian currency.

Explanation.- For the purposes of this notification, rate of exchange applicable for the purpose 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 Customs Act.

(Mohit Tewari)

Under Secretary to the Government of India