Moneycontrol PRO
HomeNewsBusinessImport of a chemical from 3 nations to face antidumping duty

Import of a chemical from 3 nations to face antidumping duty

Tamil Nadu Petroproducts and Nirma Ltd had jointly filed the application for anti-dumping investigations into import of 'Linear Alkyl Benzene' from these countries.

April 13, 2017 / 08:51 IST
IG Petrochemicals Ltd.
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    India has imposed anti dumping duty of up to USD 300.22 per tonne on import of a chemical, used in detergent industry, from China, Iran and Qatar with a view to protecting domestic players from cheap shipments.

    Tamil Nadu Petroproducts and Nirma Ltd had jointly filed the application for anti-dumping investigations into import of 'Linear Alkyl Benzene' from these countries.

    The duty has been imposed for five years, a revenue department notification said. The Directorate General of Anti-Dumping (DGAD), an arm of the commerce ministry, in its findings dated March 6 had concluded that there is dumping of the chemical from these countries. The notification said that the government, after considering the findings of the DGAD "imposes" the duty on the chemical.

    The anti-dumping duty imposed was in the range of USD 23.78 per tonne to USD 300.22 per tonne on imports.

    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.

    first published: Apr 13, 2017 08:30 am

    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!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    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