MINISTRY OF COMEMRCE
NOTIFICATION
New Delhi, the 31st March, 1997
Subject:- Initiation of review anti-dumping duty imposed on Isobutyl Benzene originating in or exported from the People’s Republic of China
No. 6/2/96-ADD.-The Authority under Customs Tariff (Amendment ) Act, 1975 as amended in 1982 and Custom Tariff (Identification, Assessment and Collection of Duty or Additional Duty on Articles and for Determination of injury) Rules, 1985 notified final findings vide notification No. 14/50/93-TPD/ADD on 27.7.95 on dumping of Isobutyl Benzene originating or exported from People’s Republic of China. The duty was imposed vide notification No. 135/customs dated 31.8.95.
2. M/s. Vinati Organics Limited, a producer of Isobutyl Benzene and increase the same in view of further reduction in prices by Chinese suppliers and consequential increase in dumping margin and injury to the Indian domestic industry.
3. Domestic Industry:- The review application has been filed by M/s. Vinati Organics Limited, Ashish Complex, 2nd floor, New Lathia Rubber, Andheri Kurla Road, Sakinaka, Mumbai-400 072. Applicant is a major producer of Isobutyl Benzene in India, and, therefore have a standing to file a written request on behalf of domestic industry under the rules aforesaid.
4. Product under consideration: The product under consideration is Isobutyl Benzene, classified under heading 2933.40 of Schedule I of Indian Customs Tariff Act, 1975 and No. 2933.04.08 under Trade classification (based on Harmonized Commodity Description and Coding System). The classification if, however, indicative and is not binding on the scope of the present review.
5. Dumping:- Applicant has provided, with reasonable evidence, information of Normal Value based on cost of production constructed for China PR and export price on the basis of information compiled from the transaction-wise imports. Providing reasonable evidence in this regard, they have alleged that reduction in export price and change in normal value has resulted in higher dumping margin.
6. There is sufficient prima facie evidence that dumping margin in respect of imports of the subject goods from China PR has increased as compared to the dumping margin considered in the findings notified on 27.7.95
7. Injury:- The applicant averred that the effect of imposing anti-dumping duty has already got nullified by reduction of prices by Chinese suppliers. Domestic industry is suffering serious injury as they had to match their prices with Chinese prices. The reduction in export price coupled with the revised customs duty since the last anti-dumping investigation has resulted in increase in injury. It has, therefore, requested to increase the level of anti-dumping duty already in imposition.
8. There is prima facie evidence that the domestic industry of Isobutyl Benzene in India is suffering from injury caused by further reduction in export price by Chinese suppliers.
9. Procedure: The designated Authority, therefore, initiates review of final findings notified vide notification No. 14/50/93-TPD/ADD dated 27.7.95 under the Customs Tariff (Amendment ) 1995 and Customs Tariff (Identification, Assessment and Collection of Anti Dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995.
10. The period of investigation for the purpose of the present review is 1st April, 1996 to 30th September, 1996
11. Known exporters and importers and the domestic industry are being addressed separately so as to obtain relevant information in the form and manner prescribed. Other interested parties are advised to make their submissions relevant to the investigation in the prescribed form and manner to:
Designated Authority
MINISTRY OF COMMERCE
Room No. 243, Udyog Bhawan
New Delhi-101 011 (INDIA)
12. Time Limit : Any information relating to the present review and any request for hearing should be sent in writing to the Authority at the above address so as to reach within 40 days from the date of publication of this review notification. If no information or incomplete information is received, the Designated Authority may record its findings on the basis of the facts available on record in accordance with the Rules supra.
DIPAK CHATTERJEE, Designated Authority
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