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Govt likely to impose anti-dumping duty on chemical import from China

24 Jul 2017 Evaluate

In a bid to guard domestic players from surge in below-cost imports, the government is likely to impose anti-dumping duty of $72.95 per tonne on imports of a chemical from China. The chemical is mostly used in industries including pharmaceutical, dye, lubricants, construction chemicals, meat processing and textiles.

The Directorate General of Antidumping and Allied Duties (DGAD) which administers the anti-dumping and countervailing measures in India, in its notification, has concluded that there is continued dumping of the chemical from China and it is causing injury to the domestic industry. The DGAD further stated that the authority recommends that revised anti-dumping duties be continued to be imposed on all imports of sodium nitrite from China. Besides, Deepak Nitrite had filed an application with the DGAD for the dumping investigations.

India has also imposed similar duties on import of several other products including steel, fabrics and chemicals from different countries including China. Anti-dumping steps are taken to ensure fair trade and provide a level-playing field to the domestic industry.

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