Govt levies countervailing duty on 'Atrazine Technical' imports from China to protect domestic industry.

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Full Text of the Document

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....This notification seeks to levy countervailing duty on imports of 'Atrazine Technical' originating in or exported from China, following the final findings of the Designated Authority that cessation of duty is likely to lead to continuation or recurrence of subsidization and injury to domestic industry. The countervailing duty rates specified range from 9.28% to 11.94% of CIF value based on the country of origin, export, and producer. The duty is imposed for five years from the notification date and will be payable in Indian currency. Relevant legal provisions, explanations, and procedures related to duty calculation and implementation are also provided.....