Anti-Dumping Duty on Epichlorohydrin Imports from China, Korea, Thailand

Notification No. 24/2024-Customs (ADD) Dated: 11th November, 2024: CBIC imposes ADD on Epichlorohydrin imported from China PR, Korea RP and Thailand for 5 years, pursuant to final findings of DGTR.

The Ministry of Finance, through Notification No. 24/2024-Customs (ADD) dated 11th November 2024, has imposed anti-dumping duties on imports of Epichlorohydrin from China PR, Korea RP, and Thailand to protect Indian domestic industry. Following an investigation by the Directorate General of Trade Remedies (DGTR), it was determined that Epichlorohydrin, classified under tariff item 2910 30 00, was being imported into India at prices below normal value, causing material harm to Indian manufacturers. The DGTR concluded that these imports have hindered the growth of the domestic industry by undercutting local prices. Consequently, anti-dumping duties have been recommended and are now imposed at varying rates based on the country of origin and the producer. For instance, imports from AGC Vinythai Public Company Limited in Thailand face a duty of $298 per metric ton, while products from certain Chinese and Korean producers face higher tariffs. The duties are effective for five years from the notification date unless otherwise amended or revoked. The applicable exchange rate will be the rate in effect on the date of entry bill submission, as per the Customs Act, 1962. This measure aims to address the adverse impact of dumping practices on India’s domestic Epichlorohydrin industry and foster a fair trade environment.

MINISTRY OF FINANCE
(Department of Revenue)

Notification No. 24/2024-Customs (ADD) Dated: 11th November, 2024

G.S.R. 695(E).—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 14^th August, 2024, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 14^th 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 Anti­dumping 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

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.