Seeks to levy definitive safeguard duty on import of Phthalic Anhydride. - 03/2012 - Safeguard Duty

Safeguard duty on Phthalic anhydride imposed, applying to imports with specified exclusions for certain developing countries.

The Central Government, under section 8B and the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997, imposes an ad valorem safeguard duty on imports of Phthalic anhydride (tariff item 2917 35 00) following Director General (Safeguard) findings that increased imports caused and threatened to cause serious injury to domestic producers. The duty follows an earlier provisional measure, applies for a specified one year period beginning from the provisional imposition, and excludes imports from countries notified as developing countries except Pakistan, China and Thailand.