India has imposed anti-dumping duties for a period of five years on a chemical used extensively in the rubber and tyre manufacturing industries that is being imported from China, the European Union and the United States.
The decision follows recommendations made by the Directorate General of Trade Remedies (DGTR), the investigative arm of the commerce ministry, after it concluded that the product was being dumped in the Indian market at unfairly low prices, causing material injury to domestic manufacturers.
According to a notification issued by the finance ministry, the anti-dumping duty on 'Sulphenamides Accelerators' will range from USD 75 per tonne to USD 1,748 per tonne depending on the source and producer. "The anti-dumping duty imposed under this notification shall be levied for a period of five years (unless revoked, superseded or amended earlier)," the notification dated June 19 stated.
The DGTR found that imports of the chemical from China, the European Union and the US were entering the Indian market below their normal value, adversely affecting domestic producers and creating unfair competition. In a separate notification, the Department of Revenue announced the extension of anti-dumping duties on aluminium foil imports from China, Malaysia, Thailand and Indonesia.
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The levy will remain in effect until December 15 this year. The government has also imposed an anti-dumping duty of USD 200.66 per tonne on imports of Polyethylene Terephthalate (PET) resin with an intrinsic viscosity of 0.72 decilitres per gram or higher originating from China. This duty will remain in force for five years.
Anti-dumping investigations are carried out to assess whether domestic industries are suffering injury due to a surge in low-priced imports from foreign markets. Such investigations determine whether imported goods are being sold below their fair market value, thereby distorting competition.
As a corrective measure, countries are permitted to impose anti-dumping duties under the framework of the World Trade Organization. These duties are intended to promote fair trade practices, protect domestic industries from unfair pricing and ensure a level playing field between local manufacturers and overseas exporters.
India has increasingly relied on trade-remedy measures in recent years to safeguard domestic industries from unfair import competition while remaining compliant with international trade rules.
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