TaxTMI 
TaxTMI 
TaxTMI 
Anti dumping duty on Potassium Permanganate revised
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....riff Act, 1975 (51 of 1975), originating in, or exported from, the People's Republic of China, Hong Kong and Taiwan, the designated authority, vide its final findings notification No.46/1/2000-DGAD dated the 8th September, 2001, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 10th September, 2001, had come to the conclusion that - (a) Potassium Permanganate originat....
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....al (hereinafter referred to as CEGAT), in its final order No.03/2002-AD, dated the 28th October, 2002 in Appeal No.C/575/2001-AD in the matter of M/s Universal Chemicals and Industries Ltd. Vs. Ministry of Finance/Designated Auth. has held that "defects in data and investigation has rendered the final findings regarding normal value, dumping margin and anti-dumping duty vitiated and unreliable in ....
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.... the 23rd April, 2003, to the aforesaid final findings notification, dated the 8th September, 2001; NOW, THEREFORE, in exercise of the powers conferred by sub-section (1), read with sub-section (5) of section 9A of the said Customs Tariff Act, and rules 18 and 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Inju....
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....ople's Republic of China 440 2. Hong Kong 213 3. Taiwan 262 2. The anti-dumping duty imposed under this notification shall be paid in Indian currency. Explanation - For the purposes of this notification, rate of exchange applicable for the purposes of calculation of such anti-dumping duty shall be the rate which is specified in the notification of the Government of India in the Ministry ....