Anti dumping duty on Hard Ferrite Ring Magnets imposed to offset dumping by matching a reference margin over landed value. Imposition of anti dumping duty on Hard Ferrite Ring Magnets from China P.R. follows findings that the goods were exported below normal value and caused material injury to the domestic industry. The duty, imposed under section 9A of the Customs Tariff Act and rule 23 of the Anti dumping Rules, equals the difference between a specified reference amount and the landed value per metric tonne for imports under sub heading 8505.19, payable in Indian currency and effective until the stated expiry unless extended or revoked.
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Anti dumping duty on Hard Ferrite Ring Magnets imposed to offset dumping by matching a reference margin over landed value.
Imposition of anti dumping duty on Hard Ferrite Ring Magnets from China P.R. follows findings that the goods were exported below normal value and caused material injury to the domestic industry. The duty, imposed under section 9A of the Customs Tariff Act and rule 23 of the Anti dumping Rules, equals the difference between a specified reference amount and the landed value per metric tonne for imports under sub heading 8505.19, payable in Indian currency and effective until the stated expiry unless extended or revoked.
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