With an aim to protect the domestic players and to discourage cheap imports, the government may impose anti-dumping duty on ‘Monoisopropylamine’ chemical, largely used in pharma and fertiliser industries, exported from China.
After the investigation, the Directorate General of Antidumping and Allied Duties (DGAD), which administers the anti-dumping and countervailing measures in India, has recommended the imposition of definitive anti-dumping duty on imports of the chemical originating in or exported from the China, as it found that the subject goods have been exported to India from the subject country below its normal value, causing material injury to the domestic industry.
As per the Ministry of Commerce and Industry circular, DGAD suggested duty for a period of 5 years in the range of $497.68 per tonne and $620 per tonne, depending on the producer and exporter. Besides, Alkyl Amines Chemicals had appealed to DGAD for initiation of anti-dumping investigation.