Central Govt Imposes Anti Dumping Duty on UDCA imported from China and Korea [Read Notification]

The Central Government has imposed an anti-dumping duty on Ursodeoxycholic Acid (UDCA), majorly imported under the heads 29181690 and 29181990, by the notification No. 04/2023 (ADD) published in the official gazette.

The anti-dumping duty imposed under this notification shall be effective for a period of five years from the date of imposition of the provisional anti-dumping duty, that is, the 18th August, 2022, unless revoked, amended or superseded earlier, and shall be payable in Indian currency:

Provided that the said anti-dumping duty shall not be levied for the period commencing from the date of the lapse of the provisional anti-dumping duty, that is, the 18th February, 2023, up to the preceding day of the publication of the notification in the Official Gazette.

Whereas, in the matter of Ursodeoxycholic Acid (UDCA) falling under Chapter 29 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 and Korea RP (hereinafter referred to as the ‘subject countries’) and imported into India, the designated authority vide its preliminary findings No. 6/15/2021-DGTR, dated 30th June, 2022, published in the Gazette of India, Extraordinary, Part I, Section 1, dated 30th June, 2022, had recommended imposition of provisional anti-dumping duty on the imports of subject goods, originating and exported from the subject countries;

And, whereas, on the basis of the aforesaid findings of the designated authority, the Central Government had imposed provisional anti-dumping duty on the subject goods with effect from 18th August, 2022, vide notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 25/2022-Customs (ADD), dated 18th August, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S. R. 637(E), dated 18th August, 2022;

And, whereas, the designated authority in its final findings vide notification No. 6/15/2021-DGTR, dated 19th January, 2023, published in the Gazette of India, Extraordinary, Part I, Section 1, dated 19th January, 2023, while  confirming the preliminary findings, dated 30th June, 2022, has come to the conclusion that-

(i) there is substantial increase in the volume of dumped imports of subject goods from the subject countries over the injury period in absolute and relative terms;

(ii) the product under consideration that has been exported to India from the subject countries are at dumped prices;

(iii) the domestic industry has suffered material injury;

(iv) material injury has been caused by the dumped imports of the subject goods from the subject countries, and has recommended imposition of definitive 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.

The above reasons were stated for imposition of the duty on Ursodeoxycholic Acid.

To Read the full text of the Notification CLICK HERE

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