The Indian government has revoked the anti-dumping duty previously imposed on Nylon Tyre Cord Fabric (NTCF) imported from China. This decision rescinds the Customs (ADD) Notification No. 30/2015, which had been in effect since June 12, 2015. The revocation is effective from December 3, 2020, and applies to future imports, with exceptions for actions taken before this rescission.
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
Notification No. 45/2020-Customs (ADD)
New Delhi, the 3rd of December, 2020
G.S.R. (E).- In exercise of the powers conferred by sub-sections (1) and (5) of section 9A of theCustoms Tariff Act, 1975(51 of 1975), the Central Government revokes the anti-dumping duty imposed on Nylon Tyre Cord Fabric (NTCF), falling under chapter 59 of the First Schedule to the said Act, originating in or exported from Peoples Republic of Chi
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FAQ :
The notification affects 'Nylon Tyre Cord Fabric (NTCF)' which falls under chapter 59 of the Customs Tariff Act, 1975.
This notification is related to Nylon Tyre Cord Fabric originating in or exported from the People's Republic of China.
The main change is the revocation of the anti-dumping duty that was imposed on Nylon Tyre Cord Fabric from China.
The notification being rescinded is No. 30/2015-Customs (ADD), dated the 12th June, 2015.
This revocation comes into effect on the 3rd of December, 2020.
No, the revocation does not affect things done or omitted to be done before the date of this rescission.
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Notification No : Notification No. 45/2020-Customs (ADD)Published in Custom
Source : https://www.cbic.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2020/cs-add2020/csadd45-2020.pdf;jsessionid=BA9632E59A4AC199A6BA5109E8E0177D