Custom Notification No. 17/2024

Last updated: 28 September 2024

Notice Date : 27 September 2024

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
NOTIFICATION No. 17/2024-Customs (ADD)

New Delhi, the 27th September, 2024

G.S.R. ...(E).-Whereas, in the matter of “Isobutylene-Isoprene Rubber(‘IIR’)” (hereinafter referred to as the subject goods), falling under tariff item 4002 31 00of the First Schedule of the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referredto as the Customs Tariff Act), originating in, or exported from People’s Republic of China, Russia, Saudi Arabia, Singapore and United States of America(hereinafter referred to as subject countries) and imported into India, the designated authority in its final findings, videnotification F. No. 06/05/2023-DGTR, dated the 29th June, 2024, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 30thJune, 2024, has come to the conclusion, inter alia, that-
(i)The Authority has adopted a Product Control Number(PCN)methodology and notified the same. The methodology has been applied to ensure that the imported and domestic product comparison is fair, the dumping margin and injury margin are determined by undertaking such fair comparison. The PCN methodology was developed after due opportunity to all interested parties and taking into account submissions and comments offered by various interested parties;and the dumping margin is positive and significant;
(ii)the domestic industry has suffered material injury as a result of the dumped goods from the subject countries;
(iii)the investigation has not shown that any other factor could have caused injury to the domestic industry;and has recommended imposition of an anti-dumping duty on the imports of subject goods, originating in, or exported from the subject country and imported into India, in order to remove injury to the domestic industry.

For full notification please refer to the attachment