Page 92 - Compendium_of_Law&Regulations
P. 92

CVD Rules, 1995



                            Provided that in case of any violation of any undertaking, the designated
                            authority  will  intimate  the  Central  Government  and  complete  the
                            investigation expeditiously.

                      (7)  The designated authority shall suo motu or on the basis of any request
                            received from exporters or importers of the article in question or any other
                            interested person review from time to time the need for the continuance of

                            any undertaking given earlier.

                 18.  Disclosure of information.-

                      The  designated  authority,  shall,  before  giving  its  final  findings,  inform
                      all  interested  parties  and interested  countries  of the essential  facts  under
                      consideration which form the basis of its decision and permit the interested
                      parties to defend their interest.


                 19.  Final findings.-

                      (1)  The designated authority shall, within one year from the date of initiation
                            of an investigation  determine  as to  whether  or not  the  article  under
                            investigation is being subsidized and submit to the Central Government
                            its final finding, as to –

                            (a)  (i)   the nature of subsidy being granted in respect of the article

                                       under investigation and the quantum of such subsidy;

                                 (ii)  whether  imports  of such articles  into  India  in  the  case  of
                                       imports from specified countries, cause or threaten material
                                       injury to an industry established in India or materially retards
                                       the establishment of any industry in India and a causal link
                                       between the subsidized imports and such injury; and


                                 (iii)  Whether a retrospective levy is called for and if so, the reasons
                                       therefor and the date of commencement of such levy.






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