The Ministry of Finance (MoF) on May 20, 2022 has issued a notification to impose Anti-Dumping Duty (ADD) on “Polyurethane Leather which includes any kind of textile coated one sided or both sided with Polyurethane” which falls under tariff item 5603 94 90 or 5903 20 90 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) originating in, or exported from People’s Republic of China and imported into India.
the designated authority in its final findings has come to the conclusion that:
(i) dumping margin for the subject goods from the subject country is positive and significant;
(ii) domestic industry has suffered material injury;
(iii)material injury to the domestic industry has been caused by the dumped imports from the subject country,
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.
The anti-dumping duty imposed under this notification shall be effective for a period of five years (unless revoked, superseded or amended earlier) with effect from the date of publication of this notification in the Official Gazette, and shall be payable in Indian currency.
[Notification No. 14/2022-Customs (ADD)]
