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Core Purpose

Notification imposing anti-dumping duty on imports of Isobutylene-Isoprene Rubber from China, Russia, Saudi Arabia, Singapore and the United States for five years.

Detailed Summary

The Ministry of Finance, Department of Revenue, by Notification No. 17/2024-Customs (ADD) (G.S.R. 598(E)) dated 27 September 2024, in exercise of powers under sub-sections (1) and (5) of Section 9A of the Customs Tariff Act, 1975 (51 of 1975) 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, and following the Designated Authority's final findings (F. No. 06/05/2023-DGTR dated 29 June 2024) that Isobutylene-Isoprene Rubber (IIR) under tariff item 4002 31 00 originating in or exported from China, Russia, Saudi Arabia, Singapore and the United States of America was being dumped causing material injury to the domestic industry, imposes anti-dumping duty on the subject goods at rates ranging from USD 325 to USD 1,152 per metric tonne depending on country of origin, country of export and specific producer, including Al-Jubail Petrochemical Company (Saudi Arabia, USD 594/MT), ExxonMobil Asia Pacific Pte Ltd (Singapore, USD 1,047/MT) and ExxonMobil Product Solutions Company (United States, USD 781/MT), for a period of five years from the date of publication, payable in Indian currency at the exchange rate notified under Section 14 of the Customs Act, 1962 (52 of 1962); the notification is issued under file number 190354/101/2024-TRU and signed by Amreeta Titus, Deputy Secretary.

Full Text

6299 GI/202 4 (1) रजिस्ट्री सं. डी.एल.- 33004/99 REGD. No . D. L. -33004/99 EXTRAORDINARY PART II —Section 3 —Sub-section ( i) PUBLISHED BY AUTHORITY No. 556] NEW DEL HI, FRIDAY , SEPTEMBER 27, 2024 /ASVINA 5 , 194 6 CG-DL-E-27092024-257553 (1) (2) (3) (4) (5) (6) (7) (8) (9) MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 27th September, 2024 No. 17/2024 -Customs (ADD) G.S.R. 598(E).—Whereas, in the matter of “Isobutylene -Isoprene Rubber (‘IIR’)” (hereinafter referred to as the subject goods), falling under tariff item 4002 31 00 of the First Schedule of the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to 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, vide notification F. No. 06/05/2023 -DGTR, dated the 29th June, 2024, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 30th June, 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. Now, therefore, in exercise of the powers conferred by sub -sections (1) and (5) of section 9A of the Customs Tariff Act 1975 (51 of 1975) 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, after considering the aforesaid final findings of the designated authority, hereby imposes on the subject goods, the description of which is specified in column (3) of the Table below, falling under the tariff item of the First Schedule to the Customs Tariff Act as specified in the corresponding entry in column (2), originating in the countries as specified in the corresponding entry in column (4), exported from the countries as specified in the corresponding entry in column (5), produced by the producers as specified in the corresponding entry in column (6), which are imported into India, an anti -dumping duty at the rate equal to the amount as specified in the corresponding entry in column (7), in the currency as specified in the corresponding entry in column (9) and as per unit of measurement as specified in the corresponding entry in column (8) of the said Table, namely : - TABLE Sl. No. Tariff Item Description Country of Origin Country of Export Producer Amount Unit Currency (1) (2) (3) (4) (5) (6) (7) (8) (9) 1 4002 31 00 Isobutylene - Isoprene Rubber China Any country, including China Any 325 MT USD 2 -do- -do- Any country other than China, Russia, Saudi Arabia, Singapore and the United States of America China Any 325 MT USD 3 -do- -do- Russia Any country, including Russia Any 931 MT USD 4 -do- -do- Any country other than China, Russia, Saudi Arabia, Singapore and the United States of Russia Any 931 MT USD America 5 -do- -do- Saudi Arabia Saudi Arabia Al-Jubail Petrochemical Company 594 MT USD 6 -do- -do- Saudi Arabia Any country, including Saudi Arabia Any producer other than (5) 653 MT USD 7 -do- -do- Any country other than China, Russia, Saudi Arabia, Singapore and the United States of America Saudi Arabia Any 653 MT USD 8 -do- -do- Singapore Singapore ExxonMobil Asia Pacific Pte Ltd 1047 MT USD 9 -do- -do- Singapore Any country, including Singapore Any producer other than (8) 1152 MT USD 10 -do- -do- Any country other than China, Russia, Saudi Arabia, Singapore and the United States of America Singapore Any 1152 MT USD 11 -do- -do- United States of America United States of America ExxonMobil Product Solutions Company 781 MT USD 12 -do- -do- United States of America Any country, including the United States of America Any producer other than (11) 859 MT USD 13 -do- -do- Any country other than China, Russia, Saudi Arabia, Singapore and the United States of America United States of America Any 859 MT USD 2. The anti -dumping duty imposed under this notification 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 purposes of this notification, rate of exchange applicable for the purpose 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 rat e of exchange shall be the date of presentation of the bill of entry under section 46 of the said Customs Act. [F. No. 190354/101/2024 -TRU] AMREETA TITUS , Dy. Secy . Uploaded by Dte. of Printing at Government of India Press, Ring R oad, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delhi -110054.

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