ADD on Phenol originating and imported from European Union, Singapore and Korea RP

Last updated: 22 October 2021

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The Ministry of Finance has announced the revocation of the anti-dumping duty previously imposed on Phenol. This duty applied to Phenol originating from or exported by the European Union, Singapore, and Korea RP, and imported into India. The revocation rescinds a previous notification from March 2016, with the exception of actions taken before this new announcement.

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 20th October, 2021 Notification No. 61/2021-Customs (ADD) G.S.R.748(E). -In exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the Customs Tariff Act, 1975 (51 of 1975), the Central Government revokes the anti-dumping duty imposed on Phenol, falling under tariff item 2907 11 10 of the First Schedule to the said Act, originating in or exported from the European Union, Singapore and Korea

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FAQ :

The notification concerns Phenol, specifically falling under tariff item 2907 11 10.

The anti-dumping duty has been revoked for Phenol originating in or exported from the European Union, Singapore, and Korea RP.

This notification revokes the anti-dumping duty that was imposed on Phenol imported from the specified countries.

Revocation means that the previous order imposing the anti-dumping duty is cancelled or withdrawn.

No, the revocation applies except for things done or omitted to be done before the date of this rescission.

Notification No : 61/2021-Customs (ADD)
Source : https://www.cbic.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2021/cs-add2021/csadd61-2021.pdf

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