The Ministry of Finance imposed ADD in the range of US$ 37 to US$ 483 per MT
India has imposed anti-dumping duty (ADD) on imports of Liquid Epoxy Resins (LER), originating in or exported from China PR, Korea RP, Saudi Arabia, Taiwan, and Thailand, for a period of five years.
The levy follows the final findings of the Directorate General of Trade Remedies (DGTR), which concluded that LER was being exported to India at prices below the normal value, resulting in significant dumping.
The DGTR found that the dumped imports caused material injury to the domestic industry, including price undercutting, erosion of profitability, and adverse impact on market share.
After considering these findings, the Central Government imposed ADD at producer-wise, country-wise rates ranging from US$ 37 to US$ 483 per MT, depending on origin, exporter, and producer identity.
The duty applies both to direct exports from targeted countries and to shipments routed through third countries.
The measure aims to restore fair trade conditions by neutralizing injurious dumping and protecting domestic manufacturers of LER.
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