TaxTMI 
TaxTMI 
Initiation of anti-dumping investigation concerning import of lovastatin from China PR
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....the Customs Tariff (Amendment) Act, 1995 and Customs Tariff (Identification, Assessment and Collection of Anti Dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 before the Designated Authority (hereinafter referred to as the Authority) alleging dumping of lovastatin from the People's Republic of China (referred to as China PR hereinafter) and requested for anti dumping i....
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....bling lovastatin being imported from China PR and the two are being consumed interchangeably. The petitioner has claimed that lovastatin produced by the domestic industry should be treated as like article to the lovastatin imported from China PR. 5. Dumping and Dumping Margin : (a) Normal value : The petitioner has not furnished normal value based on the prices prevailing in the Chinese market.....
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....titioner has claimed that imports of lovastatin from China PR increased from nil (up to 1995-96) to 1,400 kgs. (1996-97) and 525 kg. (Apr.-July, 1996, 2,100 kgs. on annualized basis). The petitioner claimed that it started commercial production in the month of November, 1996 with a capacity of 2,000 kgs. but could not sell and, therefore, suspended the production. The petitioner has further claime....
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....n China PR and the importers in India known to be concerned are being addressed separately to submit relevant information in the form and manner prescribed and to make their views known to the Designated Authority, Ministry of Commerce, Anti-Dumping Division, Udyog Bhavan, New Delhi-110011. Any other interested party may also make its submissions relevant to the investigation in the prescribed for....