HC
upholds initiation of investigation by Designated Authority (DA) in relation to
imposition of anti-dumping duty on import of ‘non-dyed polyester staple fiber’,
pursuant to application of domestic producer under Rule 5(1) of Customs Tariff
(Identification, Assessment and Collection of Anti-dumping duty on dumped
articles and for determination of Injury) Rules, 1995 (Rules); Notes assessee’s
contention that DA cannot initiate an investigation pursuant to an application
filed by persons deemed to be related to exporters / importers, in terms of
clauses (a) and (b) of Explanation to Rule 2(b); Notes that Rule 2(b) defines
“domestic industry” to mean domestic producers as a whole engaged in
manufacture of like article and any activity connected therewith or those whose
collective output constitutes a major proportion of total domestic production,
but excludes producers related to exporters / importers of alleged dumped
article; Thus, DA is required to determine whether complaint is by any domestic
industry related to exporters / importers based on which he would be in a
position to determine the three factors relevant to injury contained under Rule
12(1) viz. export price, normal value and margin of dumping, and record a
preliminary finding; Finding force in Revenue contention that DA had only
recorded a prima facie view, HC holds that assessee’s interpretation that DA
has come to a conclusion that domestic producer is related to Malaysian producer
and hence not part of eligible domestic industry, is incorrect and accordingly,
dismisses assessee’s writ petition with a direction to DA to hear all the
interested parties : Madras HC
Subscribe to:
Post Comments (Atom)
Bombay High Court Clarifies Tax Exemption Eligibility for Venture Capital Funds
In a significant ruling, the Bombay High Court has reaffirmed that a Venture Capital Fund (VCF) registered with SEBI is entitled to claim ...
-
Slump sale is transfer of one or more business undertakings for a lump sum consideration, without assigning individual values to the each...
-
A new website launched for TDS related matters www.tdscpc.gov.in TRACES – T DS R econciliation A nalysis and C orrection E nabling S yste...
-
Facts Centrica India Offshore Private Limited (CIO), an Indian Company, is a wholly owned subsidiary of Centrica Plc, UK Centrica Plc a...
-
The Tax Audit season has started and it’s the time when the Assessees rush to their Chartered Accountants (CA) to get their Tax Audit d...
-
SREI Infrastructure Finance Ltd vs. ITSC (Delhi High Court) The assessee entered into a scheme of arrangement u/s 391-394 of the Compani...
-
Facts The taxpayer, a partnership firm, derived income from the business of handling and transport of ship containers, customs clearing a...
-
M/s. Alpha Projects Society P. Ltd vs. DCIT (ITAT Ahmedabad) In AY 2005-06, the assessee made payments to contractors & for professi...
-
01. TDS u/s 194J is required to be done for Royalty also w.e.f 13-7-2006. 02. Royalty had been defined under explanation 2 of se...
-
F.No.354/66/2011-TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs...
-
M/s. Merilyn Shipping & Transports vs. ACIT (ITAT Visakhapatnam Special Bench) The assessee incurred brokerage expenses of Rs.38....
No comments:
Post a Comment