Govt slaps anti-dumping duty on imports of two chemicals

New Delhi, June 25 (PTI) India has imposed anti-dumping
duty of USD 218.6 per tonne on imports of phosphoric acid, a
key ingredient in detergent manufacturing, from South Korea to
protect the domestic industry from cheap shipments.

The country has also imposed the duty of up to USD 1.36
per kilogram on imports of Diethyl Thio Phosphoryl Chloride
(DTPC), used in pesticides, from China.

After concluding that "the domestic industry has suffered
material injury," the Directorate General of Anti-Dumping and
Allied Duties (DGAD) has recommended the anti-dumping duty on
both the chemicals, an official statement said here.

The Finance Ministry, which has imposed the duty, said
that the chemicals has been exported to India below its normal
value.

The duty on DTPC ranged between USD 0.47 per kg and USD
1.36 per kg, it added. The anti-dumping duty imposed would be
effective up to December 21, it said.

India has imposed anti-dumping duty on several products,
including fabrics, colour picture tubes, nylon tyre cord and
several stainless steel products.

According to a World Trade Organisation report, India
initiated the highest number of 42 anti-dumping
investigations, followed by Brazil and China, between July and
December, 2008.

Unlike safeguard duty, which is levied in a uniform way,
anti-dumping duty varies from product to product and country
to country. PTI