Anti-dumping duty rates prescribed by exporter/producer, with conversion to rupees using government exchange rate on bill of entry. The notification amends Notification No. 8/99-Customs by substituting a TABLE that prescribes anti-dumping duty rates (in US$ per kg) for specified producers/exporters from Japan and uniform rates for exporters from Spain, Portugal and Italy. It re-numbers the existing Explanation as Explanation I and inserts Explanation II, which stipulates that the exchange rate for converting US dollars into Indian rupees for levy of anti-dumping duty shall be the rate determined by the Central Government under the Customs Act on the date the relevant bill of entry is presented.
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Anti-dumping duty rates prescribed by exporter/producer, with conversion to rupees using government exchange rate on bill of entry.
The notification amends Notification No. 8/99-Customs by substituting a TABLE that prescribes anti-dumping duty rates (in US$ per kg) for specified producers/exporters from Japan and uniform rates for exporters from Spain, Portugal and Italy. It re-numbers the existing Explanation as Explanation I and inserts Explanation II, which stipulates that the exchange rate for converting US dollars into Indian rupees for levy of anti-dumping duty shall be the rate determined by the Central Government under the Customs Act on the date the relevant bill of entry is presented.
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