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TMI BlogSeeks to confirm the provisional Bilateral Safeguard measure on imports of Phthalic Anhydride originating in Korea RP under the India-Korea Comprehensive Economic Partnership Agreement, and to further amend notification no. 152/2009 dated 31.12.2009 to modify the rate of duty of customs on said imports, on recommendation of final findings of Directorate General of Trade Remedies under the India-Korea Comprehensive Economic Partnership Agreement (Bilateral Safeguard Measures) Rules, 2017X X X X Extracts X X X X X X X X Extracts X X X X ..... . 777(E). -Whereas in the matter concerning imports of Phthalic Anhydride (hereinafter referred to as the subject goods) falling under tariff item 2917 35 00 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs Tariff Act), the Director General of Trade Remedies (hereinafter referred to as the Authority) initiated an investigation in terms of the India- Korea Comprehensive Economic Partnership Agreement (Bilateral Safeguard Measures) Rules, 2017 (hereinafter referred to as the said rules) vide initiation notification under F.No.22/8/2019-DGTR, dated the 1st October, 2019 published in the Gazette of India, Extraordinary dated the 1st October, 2019 in order to determine whether t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Economic Partnership Agreement; (ii) the increased imports have caused serious injury and threatened to caused serious injury to the domestic industry; (iii) there exists a causal link exists between the increased imports of the originating goods due to the reduction or elimination of custom duty under the India-Korea Comprehensive Economic Partnership Agreement and serious injury and threat of serious injury to the domestic industry, and has confirmed its preliminary findings issued vide notification No. 22/8/2019-DGTR dated the 11th May, 2020 and recommended imposition of bilateral safeguard measure of increasing the rate of customs duty on subject goods originating in Korea RP and imported into India as specified in the aforesa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (a) nothing contained in serial number 230A and entries relating thereto in the said Table shall have effect up to and inclusive of the 5th day of July, 2022, and (b) nothing contained in serial number 230C and entries relating thereto in the said Table shall have effect up to and inclusive of the 5th day of July, 2021; unless revoked, superseded or amended earlier. . [F. No. 354/51/2020-TRU] GAURAV SINGH, Dy. Secy. Note : The principal notification No. 152/2009-Customs, dated the 31st December, 2009 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i) vide number G.S.R. 943(E), dated the 31st December, 2009 and was last amended vide notification No. 37/2020-Customs, dated the 20 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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