The DGTR, which comes under the Ministry of Commerce and Industry, recently released its final findings recommending tariffs to mitigate the damage to the domestic industry. After a detailed investigation, the agency has proposed imposing a definitive anti-dumping duty of $82 per tonne on isopropyl alcohol (HS code 29051220) manufactured by Chinese company Zhuhai Long Success Chemical Industry Co Ltd and exported from China. Additionally, a duty of $217 per tonne has been recommended if the chemical originates in China (regardless of the manufacturer) and is exported from there. The same duty rate will apply if the product is manufactured by any manufacturer in any country but exported from China.

The DGTR stated that the investigation had been initiated and communicated to all interested parties, including the Chinese government, and that they had been given ample opportunity to submit information on aspects such as dumping, injury, causal link and effects of the measure, if recommended.

India’s Directorate General of Trade Sanctions has recommended imposing an ADD on isopropyl alcohol imported by certain Chinese manufacturers following an investigation initiated by domestic manufacturer Deepak Fertilizers and Petrochemicals. The investigation found that Chinese imports were significantly undercutting prices, thereby hurting the domestic industry.

To mitigate the injury to the domestic industry, the Authority recommended a duty equal to the dumping margin or the injury margin (whichever is lower).

Fibre2Fashion News Desk (KUL)