Seeks to impose definitive anti-dumping duty on "Poly Vinyl Chloride (PVC) Paste Resin" originating in or exported from Korea RP, Taiwan, China PR, Malaysia, Thailand and European Union for a period of five years

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....Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs Tariff Act), and in pursuance of rule 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 (hereinafter referred to as the said rules), in the matter of continuation of anti-dumping duty on "Poly Vinyl Chloride Paste Resin" (hereinafter referred to as the subject goods), falling under heading 3904 of the First Schedule to the Customs Tariff Act, originating in or exported from, Korea RP, Taiwan, People's Republic of China, Malaysia, Thailand and Russia, imposed vide notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 66/2....

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....es (hereinafter referred to as the subject countries), the Designated Authority in its final findings published vide notification No. 15/19/2014-DGAD, dated the 26th April, 2016, in the Gazette of India, Extraordinary, Part I, Section 1, dated the 26th April, 2016, has come to the conclusion that,- (a) there is continued dumping of the product concerned from the subject countries except Russia, and M/s LG Chemicals and M/s HCC from Korea RP, both in absolute terms and in relation to production/consumption in India causing injury to the domestic industry; (b) imports are significantly undercutting the prices of the domestic industry, and are suppressing and depressing the domestic prices. (c) dumping of the product....

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....specified in the corresponding entry in column (10) and as per unit of measurement specified in the corresponding entry in column (9) of the said Table, namely:- Table Sl. No. Heading Description of goods (*) Country of Origin Country of Export Producer Exporter Amount Unit Currency (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) 1. 3904 Poly Vinyl Chloride Paste Resin Korea RP Korea RP ^1[Hanwha Solutions Corporation] ^2[Hanwha Solutions Corporation] 0 MT US Dollar 2. 3904 Poly Vinyl Chloride Paste Resin Korea RP Korea RP M/s LG Chem Ltd. M/s LG Chem Ltd. 0 MT US Dollar 3. 3904 Poly Vinyl C....

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.... countries attracting Anti- Dumping Duty under any other notification Any Any 214 MT US Dollar 11 3904 Poly Vinyl Chloride Paste Resin Any country other than the subject countries and countries attracting Anti- Dumping Duty under any other notification Malaysia Any Any 214 MT US Dollar 12. 3904 Poly Vinyl Chloride Paste Resin Taiwan Taiwan Any Any 101 MT US Dollar 13. 3904 Poly Vinyl Chloride Paste Resin Taiwan Any country other than the subject countries and countries attracting Anti- Dumping Duty under any other notification Any Any 101 MT U....

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.... notification European Union Any Any 298 MT US Dollar   * Note: The following shall be excluded from the scope of levy of the above anti-dumping duty: (i) Blending resin; (ii) Co-polymers of PVC paste resin; (iii) Battery separator resin; and (iv) PVC Paste Resin of K value below 60 2. The anti-dumping duty imposed under this notification shall be levied for a period of five years from the date of publication of this notification in the Official Gazette and shall be payable 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 i....