Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: TAX RATES - GOODS TAXABLE @ 4% :: list of goods taxed at 4% :: VAT RATES :: TDS :: ACCOUNTING STANDARDS :: ACCOUNTING STANDARD :: form 3cd :: Central Excise rule to resale the machines to a new company :: due date for vat payment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: articles on VAT and GST in India :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: empanelment
 
 
Latest Circulars »
 RBI-Information from Unauthenticated Sources – Advisory to banks
 RBI-Aadhaar-based Authentication for Card Present Transactions
 RBI-External Commercial Borrowings (ECB)
 Issuance of 28 days Cash Management Bills under Market Stabilisation Scheme (MSS)
 Withdrawal of Legal Tender Character of the existing Bank Notes in the denominations of ₹ 500/- and ₹ 1000/- (Updated as on November 30, 2016)
 All You wanted to know from RBI about: Withdrawal of Legal Tender Status of ₹ 500 and ₹ 1000 Notes
 Deposit of Specified Bank Notes (SBNs) – Chest Balance Limit / Cash Holding Limit
 Withdrawal of Legal Tender status of banknotes of ₹ 500 and ₹ 1000: Activity at Banks during November 10-27, 2016
 Reserve Bank of India Act, 1934 – Section 42(1A) Requirement for maintaining additional CRR
 Chest Guarantee Scheme for Specified Bank Notes (SBNs) - CGSS
 Quarterly Projection Model for India: Key Elements and Properties

GOVERNMENT OF INDIA MINISTRY OF FINANCE Notification No. 46/2012 Customs (ADD)
October, 09th 2012

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

 

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

 

Notification No. 46/2012 Customs (ADD)

 

New Delhi, dated the 4th October, 2012

 

            G.S.R. 741(E). - Whereas in the matter of imports of Cold Rolled Flat Products of Stainless Steel(400 Series) having width below 600 mm,(hereinafter referred to as the subject goods), classified under Chapter 72 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, European Union, Korea RP, and USA (hereinafter referred to as the subject countries) and imported into India, the designated authority in its final findings vide notification No. 14/19/2010-DGAD, dated the 14th November, 2011, published in the Gazette of India, Extraordinary, Part I, Section 1, the dated 14th November, 2011, had come to the conclusion that

 

(a)   the subject goods had been exported to India from the subject countries below their normal value;

(b)   the domestic industry had suffered material injury;

(c)  the material injury had been caused by the dumped imports of the subject goods from subject countries;

(d)   the injury has been caused cumulatively by imports from the subject countries;

 

and had recommended imposition of definitive anti-dumping duty on the imports of subject goods, originating in, or exported from, the subject countries;

 

Now, therefore, in exercise of the powers conferred by sub-section (1) and sub section (5) of section 9A of the said Customs Tariff Act, read with rules 18 and 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, the Central Government, on the basis of the aforesaid findings of the designated authority, hereby imposes on the subject goods, the description and specification  of which is specified in column (3) of the Table below, falling under sub-heading of the First Schedule to the said Customs Tariff Act, specified in the corresponding entry in column (2), originating in the subject country specified in the corresponding entry in column (4), and exported from the country specified in the corresponding entry in column (5) and produced by the producer specified in the corresponding entry in column (6) and exported by the exporter specified in the corresponding entry in column (7), and imported into India, an anti-dumping duty at a rate equal to the amount specified in the currency per unit of measurement specified in corresponding entry in column (8), of the said Table:-

TABLE

 

Sr.No.

Sub-heading

Description of Goods

Specification

Country of Origin

Country of Export

Producer

Exporter

Amount (USD/MT)

1

2

3

4

5

6

7

8

1.

7220.20   7220.90

Cold Rolled Flat Products of Stainless Steel of 400 series having a width of less than 600mm including all Ferritic and Martensiticgrades excluding Razor Blade Steel.

Korea R.P.

Korea R.P.

Any

Any

1491

2.

-       do -

Any country other than Korea R.P

Any

Any

1491

3.

Any country other than subject countries

Korea R.P.

Any

Any

1491

4.

7220.20   7220.90

Cold Rolled Flat Products of Stainless Steel of 400 series having a width of less than 600mm including all Ferritic and Martensiticgrades excluding Razor Blade Steel.

EU

EU

Any

Any

1491

5.

do

Any country other than EU

Any

Any

1491

6.

Any country other than subject countries

EU

Any

Any

1491

7.

7220.20   7220.90

Cold Rolled Flat Products of Stainless Steel of 400 series having a width of less than 600mm including all Ferritic and Martensiticgrades excluding Razor Blade Steel.

USA

USA

Any

Any

1491

8.

do

Any country other than USA

Any

Any

1491

9.

Any country other than subject countries

USA

Any

Any

1491

 

Landed value of imports for the purpose shall be the assessable value as determined under the Customs Act, 1962 and includes all duties of customs except duties under Sections 3, 3A, 8B, 9 and 9A of the Customs Tariff Act, 1975.

 

2.         The anti-dumping duty imposed shall be levied for a period of five years (unless revoked, superseded or amended earlier) from the date of publication of this notification in the Official Gazette and shall be payable in Indian currency.

 

Explanation.  For the purpose 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 of Finance (Department of Revenue), issued from time to time, in exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and the relevant date for the determination of the rate of exchange shall be the date of presentation of the bill of entry under section 46 of the said Customs Act.                           

 

[F.No.354/197/2011 TRU]

 

 (Raj Kumar Digvijay)

Under Secretary to the Government of India.

 

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Vision

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions