[TO BE PUBLISHED IN THE GAZETTE OF INDIA,
EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF
REVENUE)
Notification No.1/ 2012-Customs (SG)
New Delhi, the 17th
January, 2012
G.S.R.
(E). - Whereas, in the matter of import of Phthalic
anhydride, falling under tariff item 29173500 of the First Schedule to the
Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the said
Act), the Director General (Safeguard), in preliminary findings published in
the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 719 (E), dated the 23rd
September, 2011, had come to the
conclusion that increased imports of Phthalic
anhydride into India had caused and threatened to cause further serious injury
to the domestic producers of Phthalic anhydride and
it necessitates to impose provisional safeguard duty on imports of Phthalic anhydride into India;
Now, therefore, in exercise of the
powers conferred by sub-section (2) of section 8B of the said Act, read with
rules 10 and 14 of the Customs Tariff (Identification and Assessment of
Safeguard Duty) Rules, 1997, the Central Government after considering the said findings
of the Director General (Safeguards), hereby imposes on Phthalic
anhydride, falling under tariff item 2917 35 00 of the First Schedule to the said Act, when
imported into India, a safeguard duty at the rate of 10% ad valorem.
2. The safeguard duty imposed under this
notification shall be effective for a period of 180 days (unless revoked,
superseded or amended earlier) from the publication of this notification in the
Official Gazette.
[F.No.354/1/2012-TRU]
(Sanjeev Kumar Singh)
Under Secretary to the Government of India