India to continue with ADD on import of phthalic anhydride from Russia
Chemical

India to continue with ADD on import of phthalic anhydride from Russia

The DGTR excluded Japan from the provision

  • By ICN Bureau | January 11, 2021

The Directorate General of Trade Remedies (DGTR) has recommended continuation of anti-dumping duties (ADD) on phthalic anhydride imported from Russia for another five years. The investigation was initiated on the basis of application filed by IG Petrochemicals, Thirumalai Chemicals and SI Group India on behalf of the domestic industry seeking continuation o ADD on import of phthalic anhydride from Russia and Japan.

 

While DGTE recommended the continuation of duty from Russia, it has suggested that the anti-dumping duties may be withdrawn in case of Japan as it was unlikely to cause injury to domestic producers. “Having concluded that there is likelihood of dumping and consequent injury to the domestic industry if the existing anti-dumping duty against imports from Russia is allowed to cease, the Authority is of the view that continuation of anti-dumping duty is required on the imports of the product under consideration from Russia.

 

“However, cessation of anti-dumping duty on imports of the product under consideration from Japan is not likely to lead to injury to the domestic industry,” the DGTR said in its recommendations. The DGTR added that it considered it appropriate to recommend continuation of existing quantum of anti-dumping duty, amounting to $159.43 per tonne, on imports of the chemical originating in Russia and/or exported from Russia for five years. The anti-dumping duties on imports from Russia will be extended after the Finance Ministry notifies it.

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