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No anti-dumping duty on imports of chemical from China, Germany and Saudi: Govt

25 Oct 2018 Evaluate

India will not impose anti-dumping duty on imports of a chemical, used in the pharma industry, from China, Germany and Saudi Arabia as the commerce ministry's investigation arm the Directorate General of Trade Remedies (DGTR) found no impact of its increased imports on the local industry. The DGTR, in its final findings, concluded that the domestic industry is not suffering injury on account of the imports of 'Di Methyl Formamide' from these three regions. 

The DGTR has said that the authority is of the view that imposition of anti-dumping duty is not warranted in the present investigation. It also said that the directorate considers it appropriate to not recommend antidumping duty. Balaji Amines had filed an application for the imposition of anti-dumping duty on the imports from the three countries. The chemical is used as a solvent in pharmaceuticals manufacturing, polymers making and pesticides formulations.

The DGTR also stated that the large volume of imports are in response to the increased demand in the country and are not directly impacting the domestic industry. It pointed out that there is an overall improvement in the health of the domestic industry. It noted that the production from the base year (2014-15) to subsequent years have multiplied manifold and during the period of investigation has reached 10 times of the production of the base year. It added that the sales of domestic industry have also shown a multifold increase.

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