Anti-dumping duty likely on chemical imported from China, Turkey

Posted by Daily Shipping Times on 26-02-2018        Tweet

NEW DELHIL: The Government is likely to impose anti-dumping duty of up to USD 211 per tonne on a chemical used in textiles and pharma industry, imported from China and Turkey for a period of five years. Imposition of the duty on 'Dimethylacetamid' would provide level-playing field to the domestic industry and also guard them from cheap imports.

In its final findings of the probe, the directorate has concluded that the product has been exported to India from these two countries below normal values, and due to this the domestic industry has suffered material injury.

"The authority recommends imposition of definitive anti-dumping as to remove the injury to the domestic industry," the DGAD said in a notification.

DGAD has recommended the duty in the range of USD 48 per tonne and USD 211 per tonne. The Finance Ministry takes the final call on imposition of the duty.