India slaps anti-dumping duty on insoluble sulphur from China, Japan
India has implemented anti-dumping duties on insoluble sulphur imports from China and Japan, alongside vitamin-A palmitate from China, the EU, and Switzerland. This action follows a DGTR recommendation to protect domestic industries from unfairly ...
By ET Bureau | Updated:
Agencies
New Delhi: India has imposed anti-dumping duty on imports of insoluble sulphur from China and Japan.
It also imposed anti-dumping duty on imports of vitamin-A palmitate from China, the European Union and Switzerland.
The move was initiated following a recommendation by the Directorate General of Trade Remedies (DGTR) to safeguard the domestic industry from the unfairly priced imports.
These duties will be applicable with immediate effect and will remain in force for five years, the Central Board of Indirect Taxes and Customs said in two separate notifications issued late Friday.
In its investigation in March, the DGTR found that both substances were being exported to India at unfairly low prices, resulting in dumping, harming the local producers.
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Insoluble sulphur is used primarily by tyre manufacturers to improve rubber vulcanisation, while vitamin-A palmitate is used in fortified foods and the pharma industry.
The duty on vitamin A palmitate will range from $0.87 to $20.87 per kg, while that on insoluble sulphur will be from $259 to $358 per metric tonne.
