News Update

I-T- In order to seek review, it has to be demonstrated that order suffers from an error contemplated under Order 47 Rule 1 CPC which is apparent on face of record and not an error which is to be fished out and searched: HCSIM-ply no more: DoT scrutinises 6.8 lakh suspect connections for re-verificationTit-for-tat: Putin issues decree to confiscate American propertyNDA Convocation: 17 Cadets from Friendly Foreign Countries awarded DegreesI-T- Order holding assessee liable to deduct TDS on certain amount, was passed by an AO who lacked jurisdiction over assessee; order is non speaking too - order quashed & matter remanded: ITATSpanish restaurant roof caves in; 4 dead & 21 injuredI-T- Penalty notice & order invalidated where specific charge against assessee between concealment of particulars of income & furnishing inaccurate particulars of income, is not mentioned: ITATEU imposes USD 366 mn fine on Mondelez for cross-border trade restrictionsI-T- In respect of addition u.s 68 of the Act, when all documents provided and no scrutiny by AO of the documents, addition solely on the basis of Investigation Wing report is to be deleted: ITATBiden says US does not recognise jurisdiction of ICCI-T - The payment of royalty for right to use or access to technical know- how and information is revenue expenditure: ITATRussia arrests senior Army General on corruption chargeI-T - Assessee is eligible for claim of cost of funds on interest income received from banks : ITATTicketmaster sued to loosen monopoly over concerts in USI-T- Computer software licenses is eligible for claim of depreciation at 60% : ITATSouth Africa shuts door at migrantsGST - Reason to reach a conclusion is the essence of fairness of an adjudication proceeding - Unless such reasons are given in black and white, adjudication order may remain laconic: HCMaldives to introduce RuPay services soonGST - In the absence of notification issued for cross empowerment, the authorities from the counterpart Department cannot initiate proceedings where an assessee is assigned to the counterpart: HCGermany backs end of EU import duty exemption granted to small parcels to Temu and SheinGST - Proper Officer had to at least consider the reply on merits and then form an opinion whether the reply was not satisfactory - Matter remitted for re-adjudication: HCMumbai boat tragedy: NDRF fishes out 5 bodies from Ujani DamKerala General Sales Tax - Review Petition can be resorted to only if there is error apparent on face of record & cannot be utilised as means of re-hearing or appeal: HCIndia has shortage of honest leaders, not money: GadkariCX - It is incumbent on Commissioner to pass an order on each and every proposal made in SCN and he cannot be silent in operating portion of order on any of proposal made in SCN, therefore, there is a clear error in order: CESTATSpain joins India-led International Solar Alliance as 99th memberCus - If Customs Department doubts validity of DEPB scrips, it ought to have had them cancelled; Department cannot deem scrips to be fraudulent obtained, without taking any action: CESTAT
Untitled Document




08/2024-Customs (ADD); Dated: May 16, 2024

Whereas, in the matter of "Pentaerythritol" (hereinafter referred to as the subject goods), falling under tariff item 2905 42 90 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 China PR, Saudi Arabia and Taiwan (hereinafter referred to as the subject countries) and imported into India, the designated authority in its final findings, vide notification F. No. 06/04/2023-DGTR, dated the 20th February, 2024, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 20th February, 2024, has come to the conclusion, inter alia that-

(i) the product under consideration has been exported to India at a price below normal value, thus resulting in dumping;

(ii) the domestic industry is suffering material injury;

(iii) the material injury suffered by the domestic industry has been caused by the dumped imports from subject countries,

and has recommended imposition of anti-dumping duty on imports of the subject goods, originating in, or exported from the subject countries 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 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), and 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 :-


S. No.
Tariff item
Description of goods
Country of origin
Country of export
Producer /exporter
Unit of measurement
1. 2905 42 90 Pentaerythritol China PR Any country including China PR Any 345.15 MT USD
2. 2905 42 90 Pentaerythritol Any country other than China PR China PR Any 345.15 MT USD
3. 2905 42 90 Pentaerythritol Saudi Arabia Any country including Saudi Arabia Any 300.15 MT USD
4. 2905 42 90 Pentaerythritol Any country other than Saudi Arabia Saudi Arabia Any 300.15 MT USD
5. 2905 42 90 Pentaerythritol Taiwan Any country including Taiwan Any 499.01 MT USD
6. 2905 42 90 Pentaerythritol Any country other than Taiwan Taiwan Any 499.01 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 rate of exchange shall be the date of presentation of the bill of entry under section 46 of the said Customs Act.

[F. No. CBIC-190354/56/2024-TRU Section-CBEC]

(Nitish Karnatak)
Under Secretary to the Government of India

TIOL Tube Latest

Shri N K Singh, recipient of TIOL FISCAL HERITAGE AWARD 2023, delivering his acceptance speech at Fiscal Awards event held on April 6, 2024 at Taj Mahal Hotel, New Delhi.

Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.