The Directorate General of Trade Remedies (DGTR) of the Indian commerce ministry has proposed the implementation of an anti-dumping duty on imports of Trichloro isocyanuric acid from China and Japan. This chemical is commonly used in water treatment. The recommendation was made to shield Indian manufacturers from the influx of low-priced imports of the chemical.
The DGTR suggested a provisional duty ranging from USD 170 to USD 870 per tonne, as detailed in their notification. This action comes after Bodal Chemicals Ltd, based in India, lodged a complaint claiming that the chemical was being dumped into their market by these two countries, prompting the DGTR to initiate an investigation.
Although the DGTR has put forward the recommendation, the final decision regarding the imposition of the duty rests with the finance ministry, which is expected to decide within three months.
As reported by Maritime Gateway, anti-dumping investigations aim to protect domestic industries from the adverse effects of imports sold below cost. Such duties are aligned with World Trade Organisation rules to maintain fair competition and support a level playing field without unjustifiably hindering imports or increasing product costs.
