Epichlorohydrin Slapped with Anti-dumping Duty from China, Korea and
Thailand on Complaint of Epigral Limited (formerly Meghmani)
·
Main ingredient for Epoxy Resins going into
Adhesives and Plastics now under Protection
·
Meghmani is main Producer Owned by Ankit
Patel based in Dahej in Bharuch District
[Customs
Notification No. 24 (ADD) dated 11th November 2024]
Whereas,
in the matter of “Epichlorohydrin” (hereinafter referred to as the subject
goods), falling under tariff item 2910 30 00 of the First Schedule to the
Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs
Tariff Act), originating in, or exported from China PR, Korea RP and Thailand
(hereinafter referred to as the subject countries) and imported into India, the
designated authority in its final findings vide notification F. No.
6/15/2023-DGTR, dated the 14th August, 2024, published in the Gazette of India,
Extraordinary, Part I, Section 1, dated the 14th August, 2024, has, inter
alia, come to the conclusion that-
i
the subject goods have been exported to India
at a price below normal value, thus resulting in dumping;
ii
the dumping of the subject goods has materially
retarded the establishment of domestic industry in India;
iii the
landed price of imports is below the level of selling price of the domestic
industry and is undercutting the prices of the domestic industry,
and
has recommended imposition of anti-dumping duty on imports of the subject
goods, originating in, or exported from the subject countries and imported into
India, in order to remove injury to the domestic industry.
Now, therefore, in exercise of the powers conferred by
sub-sections (1) and (5) of section 9A of the Customs Tariff Act read with
rules 18 and 20 of the Customs Tariff (Identification, Assessment and
Collection of Anti-dumping Duty on Dumped Articles and for Determination of
Injury) Rules, 1995, the Central Government, after considering the aforesaid
final findings of the designated authority, hereby imposes on the subject
goods, the description of which is specified in column (3) of the Table below,
falling under the tariff item of the First Schedule to the Customs Tariff Act
as specified in the corresponding entry in column (2), originating in the
countries as specified in the corresponding entry in column (4), exported from
the countries as specified in the corresponding entry in column (5), produced
by the producers as specified in the corresponding entry in column (6), and
imported into India, an anti-dumping duty at the rate equal to the amount as
specified in the corresponding entry in column (7), in the currency as
specified in the corresponding entry in column (9) and as per unit of
measurement as specified in the corresponding entry in column (8) of the said
Table, namely :-
|
Table |
||||||||
|
S.No. |
Tariff item |
Description |
Country of origin |
Country of export |
Producer |
Amount |
Unit |
Currency |
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
(8) |
(9) |
|
1 |
2910 30 00 |
Epichlorohydrin |
Thailand |
Thailand |
AGC Vinythai Public
Company Limited (AVT) (Formerly known as Advanced Biochemicals
(Thailand) Co., Ltd.) |
298 |
MT |
USD |
|
2 |
-do- |
-do- |
Thailand |
Any country, including
Thailand |
Any producer other than
(1) |
327 |
MT |
USD |
|
3 |
-do- |
-do- |
Any country other than
Thailand, China PR and Korea RP |
Thailand |
Any |
327 |
MT |
USD |
|
4 |
-do- |
-do- |
Korea RP |
Korea RP |
Hanwha Solutions
Corporation |
274 |
MT |
USD |
|
5 |
-do- |
-do- |
Korea RP |
Korea RP |
Lotte Fine Chemical Co.
Ltd. |
506 |
MT |
USD |
|
6 |
-do- |
-do- |
Korea RP |
Any country, including
Korea RP |
Any producer other than
(4) and (5) |
557 |
MT |
USD |
|
7 |
-do- |
-do- |
Any country other than Thailand,
China PR and Korea RP |
Korea RP |
Any |
557 |
MT |
USD |
|
8 |
-do- |
-do- |
China PR |
China PR |
Jiangsu Ruixiang
Chemical Co., Ltd |
108 |
MT |
USD |
|
9 |
-do- |
-do- |
China PR |
China PR |
Ningbo Huanyang New
Material Co., Ltd. |
Nil |
MT |
USD |
|
10 |
-do- |
-do- |
China PR |
Any country, including
China PR |
Any producer other than
(8) and (9) |
216 |
MT |
USD |
|
11 |
-do- |
-do- |
Any country other than
Thailand, China PR and Korea RP |
China PR |
Any |
216 |
MT |
USD |
2. The
anti-dumping duty imposed under this notification shall be levied for a period
of five years (unless revoked, superseded or amended earlier) from the date of
publication of this notification in the Official Gazette and shall be payable
in Indian currency.
Explanation.- For
the purposes of this notification, the rate of exchange applicable for the
purpose of calculation of such anti-dumping duty shall be the rate which is
specified in the notification of the Government of India, in the Ministry of
Finance (Department of Revenue), issued from time to time, in exercise of the
powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and the
relevant date for the determination of the rate of exchange shall be the date
of presentation of the bill of entry under section 46 of the said Act.
[F. No. CBIC-190354/165/2024-TRU Section-CBEC]