Schedule a Call Back
India levies anti-dumping duty on chemical imports from China, Korea & Thailand
Industry News- Nov 13,24
The decision follows a recommendation by the Directorate General of Trade Remedies (DGTR) under the Commerce Ministry, which found that Epichlorohydrin was being sold in India below standard prices from these countries.
India has imposed an anti-dumping duty of up to $557 per tonne on Epichlorohydrin, a chemical primarily used in the adhesive industry, imported from China, Korea, and Thailand. This duty, valid for five years, aims to protect domestic manufacturers from underpriced imports.
The decision follows a recommendation by the Directorate General of Trade Remedies (DGTR) under the Commerce Ministry, which found that Epichlorohydrin was being sold in India below standard prices from these countries. The Department of Revenue announced the duty in a recent notification, stating it would remain effective unless revised or revoked.
Anti-dumping investigations assess whether an influx of low-cost imports harms domestic industries, with such duties helping to establish fair competition. This action is part of India’s broader measures to prevent unfairly priced imports, particularly from China, in line with World Trade Organization (WTO) guidelines.
(Business Standard)
Related Stories
Automation & Robotics
Delta Electronics will soon introduce cobots in India: Manish Walia
In this interview with Rakesh Rao, Manish Walia, Head - Industrial Automation, Delta Electronics India, explains the importance of advanced automation and robotics to enhance the operational efficie..
Read morePolicy Regulation
Bureau of Indian Standards: A key compliance in the Indian market
As global trade evolves, imports have become essential in meeting the complex needs of diverse markets.
Read moreProcess Equipment
Trump 2.0 may boost Indian pharma opportunities
Experts highlight that higher tariffs on Chinese goods might enable Indian firms to fill supply gaps in the US generic drug market, a critical region that accounts for 30% of Indian pharma sales and..
Read moreRelated Products
Programmable Controllers - Pcd-33a Series
CHEMICAL PROCESS, FOOD/PHARMA EQUIPMENT & ANALYTICAL INSTRUMENTS
Pro-Med Instruments (P) Ltd offers a wide range of programmable controllers - PCD-33A Series.
Gasket Graphite Powder
CHEMICAL PROCESS, FOOD/PHARMA EQUIPMENT & ANALYTICAL INSTRUMENTS
Arihant Packing & Gasket Company offers a wide range of gasket graphite powder.
Asahi Kasei expands 3D printing filament sales in North America
CHEMICAL PROCESS, FOOD/PHARMA EQUIPMENT & ANALYTICAL INSTRUMENTS
Asahi Kasei, a leading resin and compounding technology provider, has initiated the sales of 3D printing (3DP) filaments in North America through Asahi Kasei Plastics North America (APNA). The soft la Read more
latest News
Subscribe to iNoW
For Industry News on WhatsApp, Give a Miss Call on: +91 84228 74016
