India has recommended imposition of provisional anti-dumping duty concerning imports of “1-Phenyl-3-Methyl-5-Pyrazolone” exported from China. Earlier, Prima Chemicals had filed an application before the Directorate General of Trade Remedies (DGTR) for investigation of anti-dumping duty concerning imports of "1-Phenyl-3-Methyl-5-Pyrazolone" exported from China.

 

India recommends the imposition of provisional anti-dumping duty equal to the lesser of margin of dumping and margin of injury, so as to remove the injury to the domestic industry.

 

“Since the import prices of PUC are varying in POI and showing declining trend in general, that is, from 313 Rs/Kg in April, 2018 to 291 Rs/Kg in June, 2019, the Authority, therefore, considers it appropriate to recommend imposition of provisional antidumping duty on the basis of Reference/Benchmark Price on the imports of the subject goods, originating in or exported from the subject country, from the date of notification to be issued in this regard by the Central Government,” a notification from DGTR dated April 17, 2020 reads.

 

It is noted that the investigation was initiated and notified to all interested parties and adequate opportunity was given to the Domestic Industry, exporters, importers and other interested parties to provide positive information on the aspect of dumping, injury and causal link. Having initiated the investigation into dumping, injury and causal link in terms of the provisions laid down under the Rules, it is felt that imposition of provisional duty is required to offset dumping and injury, pending completion of the investigation. Therefore, imposition of provisional anti-dumping duty on imports of subject goods from the subject country is required to be considered, the notification reads further.