Anti-dumping duty on sodium hydrosulphite to continue
India will continue imposing anti-dumping duty of over $372 per tone on import of sodium hydrosulphite, used by diverse industrial sectors like textiles and soap, from China to prevent the decline of the domestic industry.business Updated: Sep 28, 2009 16:08 IST
India will continue imposing anti-dumping duty of over $372 per tone on import of sodium hydrosulphite, used by diverse industrial sectors like textiles and soap, from China to prevent the decline of the domestic industry.
"... there is likelihood of continuation or intensification of dumping and injury on account of imports from China PR if the duties are revoked, the Authority is of the opinion that the measure is required to be extended...," Directorate General of Anti-Dumping & Allied Duties said.
The DGAD has recommended continuation of USD 372.19 per tone on import of sodium hydrosulphite from China.
Imposition of anti dumping measures would prevent the decline of the domestic industry, DGAD, the designated authority recommended in the final findings of the mid-term review of anti-dumping imposed on the import of the product.
The duty was imposed for the first time in 2001 and the mid-term review investigation was started in 2008.
Sodium hydrosulphite is widely used in diverse industrial sectors like textiles, soap, molasses, glue and reducing agent, disulphide of metal ions to metals.
The petition for review, enhancement and modification in the form of anti-dumping was filed by Transpek Silox Industry and three other producers Demosha Chemicals, TCP Limited and Gulshan Chemicals supported it.