HomeNewsTrendsCurrent AffairsAnti-dumping duty on hazardous chemical imports from China

Anti-dumping duty on hazardous chemical imports from China

India has imposed an anti-dumping duty of up to USD 0.26 per kg on imports of a hazardous chemical, used in manufacturing of pesticides and dyes, from China to protect the domestic industry.

September 15, 2011 / 17:48 IST

India has imposed an anti-dumping duty of up to USD 0.26 per kg on imports of a hazardous chemical, used in manufacturing of pesticides and dyes, from China to protect the domestic industry.


The duty, which has been imposed for a period of five years, is in the range of USD 0.09-0.26 per kg of 'Para nitroaniline' imported into the country.


"The anti-dumping duty imposed shall be effective for a period of five years (unless revoked, superseded or amended earlier) from September 9," the Department of Revenue has said in a notification.


The chemical is used in manufacturing of gasoline, pesticides, pharmaceuticals, disperse dyes and poultry medications.


The levy is imposed after the designated authority Directorate General of Anti-Dumping and Allied Duties (DGAD), a nodal agency under the Commerce Ministry, had recommended the imposition of the duty after an investigation.


The DGAD concluded in its probe that the domestic industry had suffered a material injury on account of dumping of the product by China.

first published: Sep 15, 2011 05:40 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347