DGTR suggests anti-dumping duty on HFC blends imported from China

  • 29-Sep-2021
  • DGTR suggests anti-dumping duty on HFC blends imported from China

The Directorate General of Trade Remedies (DGTR) has recommended imposing anti-dumping duty on imports of Hydrofluorocarbon Blends, used in the refrigeration and air conditioning sector, imported from China, after SRF Limited alleged injury to the domestic industry.

The recommended duty ranges from $1553.45-2250.56 per tonne, it said in a notification.

“The domestic industry has been suffering losses throughout the injury period. The profitability has been negative throughout the injury period,” the DGTR said, adding that industry also suffered financial losses, cash losses and negative return on the capital employed.

In a separate notification, it also extended the existing anti-dumping duty imposed on the imports of axle for trailers from China that was imposed by the finance ministry in November 2016.

“Recommends extension of the existing anti-dumping duty on imports of axle for trailers, originating in or exported from China,” DGTR said in a notification.

The recommendation was made after conducting a probe into an alleged circumvention of the anti-dumping duty imposed on the imports.

It had received information from Commissioner of Customs (imports) Nhava Sheva that the duty is being circumvented as the product is being imported in complete or semi knock down form and then assembled as axle for trailers.

The directorate, in yet another notification, has recommended imposition of the duty on Caprolactum, used in the nylon industry, imported from Russia, Korea, the European Union, and Thailand.

The recommended duty ranges between $67.79-560.82 per tonne.

Source: economictimes.indiatimes.com

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