Anti-dumping duty on imports of partially oriented yarn generally known as POY - 095/2007 - Anti Dumping Duty

Rescinds Notification No. 97/2002 Cus. dated 12/9/2002 Anti-dumping duty on imports of partially oriented yarn generally known as POY [TO BE PUBLISHED IN THE GAZETTE OF INDIA , EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION No.95/2007-CUSTOMS New Delhi, dated the 22 nd August, 2007 G.S.R. (E). - Whereas, the designated authority, vide its notification No. 15/21/2006-DGAD, published in Part I, Section I of the Gazette of India, Extraordinary, dated the 8 th August, 2006, had initiated a review in the matter of continuation of anti-dumping duty on imports of partially oriented yarn generally known as POY (hereinafter referred to as the subject goods) classified under heading 5402 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in or exported from the Republic of Korea and Turkey (hereinafter referred to as the subject countries), imposed vide notification No. 97/2002-Customs, dated the 12 th September, 2002 , published in Part II, Section 3, Sub-section (i) of the Gazette of India, Extraordinary, dated the 12 th September, 2002, [ vide number G.S.R. No. 641 (E), dated the 12 th September, 2002]; And whereas, the Central Government had extended the anti-dumping duty on the subject goods, originating in, or exported from, the subject countries upto and inclusive of the 26 th December, 2007, vide notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 118/2006 -Customs dated the 20 th December, 2006,published in Part II, Section 3, Sub-section (i) of the Gazette of India, Extraordinary, dated the 20 th December, 2006 [ vide number G.S.R No. 761(E), dated the 20 th December, 2006]; And whereas, in the matter of review of anti-dumping on import of the subject goods, originating in, or exported from, the subject countries, the designated authority vide its final findings No. 15/21/2006-DGAD dated the 17 th July, 2007, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 18 th July, 2007, has come to the conclusion that there is no justification for the continued imposition of the anti dumping duty on imports of subject goods, originating in or exported from, the subject countries and has recommended withdrawal of anti-dumping duty on imports of the subject goods originating in, or exported from, the subject countries; Now, therefore, in exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the Customs Tariff Act, 1975 (51 of 1975) read with rules 18 and 23 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 rescinds the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 97/2002-Customs, dated the 12 th September, 2002, published in Part II, Section 3, Sub-section (i) of the Gazette of India, Extraordinary, dated the 12 th September, 2002, [ vide number G.S.R. No. 641 (E), dated the 12 th September, 2002], except as respects things done or omitted to be done before such rescission. (S. Bajaj) Under secretary to the Government of India [F.No.354/211/2001-TRU]