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Extended the levy of ADD on fishnet/fishing nets exported from China till July 9, 2023

 fishnet/fishing nets _mmtaxclub

Whereas,  the  designated  authority videinitiation  notification No. 7/22/2022-DGTR dated 30th September, 2022, published  in  the  Gazette  of  India, Extraordinary, Part I, Section 1, dated the 30th September, 2022,  has  initiated  reviewin  terms  of  sub-section  (5)  of  section  9A  of  the  Customs  Tariff  Act,  1975  (51  of  1975) (hereinafter referred to as the Customs Tariff Act) read with 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 imports of “Fishing  Net”  (hereinafter  referred  to  as  the  subject  goods)  falling  under  Tariff  Heading5608  11  10 of  the  First  Schedule  to  the Customs Tariff Act, originating in or exported from China PR(hereinafter referred to as the subject country), imposed videnotification  of  the  Government  of  India,  in  the  Ministry  of  Finance  (Department  of  Revenue)  No.20/2018-Customs(ADD),  dated  10thApril,  2018,  published  in  the  Gazette  of  India,  Extraordinary,  Part  II,  Section  3,  Sub-section (i), videnumber G.S.R. 359(E), dated the 10thApril, 2018,  and has requested for extension of the said anti-dumping duty in terms of sub-section (5) of section 9A of the Customs Tariff Act

.Now, therefore, in exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the Customs Tariff  Act,  read  with  rules  18  and  23  of  the  said  rules,  the  Central  Government hereby  makes  the  following amendmentsin the notification of the Government of India, in the Ministry of Finance (Department of Revenue) No. 20/2018-Customs(ADD), dated 10thApril, 2018, published in the Gazette of India, Extraordinary, Part II, Section 3,Sub-section (i), videnumber G.S.R. 359(E), dated the 10thApril, 2018, namely: -

In  the  said  notification,  after  paragraph  2  and  before  the  Explanation,  the  following  paragraph  shall  be  inserted, namely-

“3.Notwithstanding  anything  contained  in  paragraph  2,  the  anti-dumping  duty  imposed  on  the  subject  goods specified against serial numbers 1, 2, 3, and 4 of the TABLEabove shall remain in force up to and inclusive of the9thJuly,2023,unless revoked, superseded or amended earlier.”

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