India to modify anti-dumping duty on PTFE imports from Russia

Anti-dumping duty in respect of imports fromRussia is required to be modified in view of changed margin of dumping.

The Directorate General of Trade Remedies (DGTR), an investigation arm of the Ministry of Commerce, considers it necessary to recommend modification of the existing anti-dumping duties on the imports of Polytetrafluoroethylene (PTFE) originating in or exported from Russia.

The mid-term review investigation was initiated and notified to all the interested parties and adequate opportunity was given to the domestic producers, exporters, importers and other interested parties to provide positive information on the aspects of dumping, injury and causal link. The Authority has concluded that the domestic industry continues to suffer injury on account of dumped imports of the subject goods from the subject country at a higher level, the DGTR said in its notification dated December 18, 2020.

The DGTR concluded that PTFE have been exported below their Normal Value (NV) from Russia during the period under investigation. “The dumping margin determined for the producers/exporters is not only more than de-minimis but also significant despite anti-dumping duty being in force. The domestic industry continues to suffer injury on account of dumped imports from subject country.  Anti-dumping duty in respect of imports from the subject country is required to be modified in view of changed margin of dumping and consequential injury in accordance with the lesser duty rule,” the notification reads.

Gujarat Fluorochemicals Limited (GFL) has filed the petition requesting enhancement of quantum of the anti-dumping duties. GFL stated that the circumstances have changed from the time of last conducted investigation and such change in circumstances has 'led to domestic industry suffering injury and requested for enhancement of anti-dumping duty imposed on PTFE imports from Russia.

PTFE is primarily used in electrical, electronic, mechanical and chemical industries for its unique characteristics like chemical inertness, electrical and thermal insulation and outstanding electrical properties over a wide frequency range.