The Directorate General of Foreign Trade (DGFT) has notified the initiation of an anti-dumping investigation on the imports of Isobutylene-Isoprene rubber originating in or exported from China PR, Russia, Saudi Arabia, Singapore and the United States of America.
The applicant has alleged that dumped imports of the subject goods originating in or exported from the subject countries has materially retarded the establishment of the domestic industry and has caused material injury to the domestic industry.
Accordingly, the applicant, Reliance Sibur Elastomers Private Limited has requested for the imposition of anti-dumping duty on the imports of the subject goods from the subject countries. However, the Authority has prima facie considered that dumped imports of the subject goods originating in or exported from the subject countries has caused material injury to the domestic industry.
The product under consideration in the present investigation is Isobutylene-Isoprene Rubber (“IIR”) which is a synthetic rubber, commonly used to manufacture inner tubes for tires and other high-pressure tubes.
The product under consideration is classified under Chapter 40, under tariff code 4002 31 00 of the First Schedule to the Customs Tariff Act, 1975. The customs classification is only indicative and is not binding on the scope of the present investigation.
The applicant has furnished information pertaining to the investigation period of January to December 2022. The applicant has provided data for the periods 2019-20, 2020-21, and 2021-22, which are proposed for the purpose of conducting an analysis of potential harm. However, the Authority has chosen a different period of investigation (POI) for the current inquiry, spanning from April 1, 2022, to March 31, 2023, covering a duration of 12 months. The injury analysis period encompasses the period of investigation and the preceding three fiscal years, namely, 2019-20, 2020-21, 2021-22, as well as the actual period of investigation itself.
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