Anti-dumping duty likely on construction chemicals from China
Certain chemicals used in construction and dyes industry and imported from China are likely to attract anti- dumping duty of up to USD 397 per tonne. The move is aimed at guarding domestic players from cheap imports of ‘Sulphonated Naphthalene Formaldehyde’ from the neighbouring country.
Sulphonated Naphthalene Formaldehyde is a powerful water reducing element in Concrete Admixtures. It is engineered & designed to offer wider tolerances in formations of admixture manufacturing.
Directorate General of Antidumping and Allied Duties (DGAD), Commerce ministry’s investigation arm, in its final findings has concluded that the product has been exported to India from China below its normal value and it has resulted in dumping. DGAD has recommended imposition of definitive anti-dumping duty for a period of five years to remove the injury to the domestic industry. DGAD had conducted oral hearing from the affected parties about the impact of import of Sulphonated Naphthalene Formaldehyde from China in November 2017. Himadri Speciality Chemical had filed the application for initiation of anti-dumping investigations. While DGAD recommends the duty, the Finance Ministry imposes it.
Countries initiate anti-dumping probes to determine if the domestic industry has been hurt by a surge in below-cost imports. As a counter-measure, they impose duties under the multi-lateral WTO regime. Anti-dumping measures are taken to ensure fair trade and provide a level-playing field to the domestic industry. They are not a measure to restrict imports or cause an unjustified increase in cost of products. Anti-dumping steps are taken to ensure fair trade and provide a level-playing field to the domestic industry.