India: Government imposes anti-dumping duty on Chinese imports

02/04/2013 12:00 - 447 Views

India has imposed an anti-dumping duty on the imports of meta-phenylene-diamine (MPDA), a chemical intermediate, from China.

In a notification issued by the Finance Ministry (department of revenue), it said, " the domestic industry has suffered material injury in respect of the subject goods."

Therefore, a provisional anti-dumping duty has been imposed on "imports of the subject goods (MPDA), originating in or exported from the subject country (China) and imported into India, in order to remove injury to the domestic industry," the notification said.

MPDA is used in medical applications besides photography and the dye making industry.

The Directorate General of Anti-Dumping and Allied Duties (DGDA) started an investigation regarding this chemical in July 2012, and found out that "the subject goods have been exported to India from the subject country below its normal value."

The provisional anti-dumping duty imposed by the Revenue Department ranged from $0.57 per kilogram to $0.78 per kilogram depending on the producer or exporter from China. The duty will be levied for a period of six months, unless revoked, amended or suspended earlier.

Ahmedabad, March 29, 2013 17:03 IST

By Sohini Das

Source: business-standard.com