India has initiated a probe against the dumping of a chemical used in glass and other industries from China to protect domestic manufacturers from cheap in-bound shipments.
India has initiated a probe against the dumping of a chemical used in glass and other industries from China to protect domestic manufacturers from cheap in-bound shipments.
The chemical, Phosphorus Pentoxide is used to manufacture optical glass and heat-insulating glass. It is also used as a strong drying and dehydrating agent. Indian Directorate General of Anti Dumping & Allied Duties (DGAD) has found sufficient evidence of dumping of the chemical from China and has initiated the dumping probe.
Sandhya Dyes and Chemicals Ltd has filed the application before the Directorate General of Anti-Dumping and Allied Duties (DGAD) for initiation of the investigation and imposition of the duty on the imports of Phosphorus Pentoxide from China. The company is sole producer of the chemical in India.
The DGAD has found “sufficient evidence of dumping” of the chemical from China. “The authority hereby initiates an investigation into the alleged dumping, and consequent injury to the domestic industry,” DGAD said in a notification. In the probe, the DGAD will determine the existence, degree and effect of alleged dumping and then recommend the quantum of anti-dumping duty, which if levied, would be “adequate” to remove the injury to the domestic industry.
The 15 months period of investigation for the dumping probe is between July 1, 2015 to September 30, 2016. The injury investigation period will, however, cover the periods 2013-2014, 2014-2015, and 2015-2016.
The DGAD has found “sufficient evidence of dumping” of the chemical from China. “The authority hereby initiates an investigation into the alleged dumping, and consequent injury to the domestic industry,” DGAD said in a notification. In the probe, the DGAD will determine the existence, degree and effect of alleged dumping and then recommend the quantum of anti-dumping duty, which if levied, would be “adequate” to remove the injury to the domestic industry.
The 15 months period of investigation for the dumping probe is between July 1, 2015 to September 30, 2016. The injury investigation period will, however, cover the periods 2013-2014, 2014-2015, and 2015-2016.