FinMin Imposes ADD on PVC Paste Resin Imports from Six Countries [Read Notification]

The Ministry of Finance, Government of India, has issued Notification No. 05/2025-Customs (ADD) dated 21st March 2025, announcing the imposition of definitive anti-dumping duty on imports of Poly Vinyl Chloride (PVC) Paste Resin, also known as Emulsion PVC Resin, originating in or exported from China PR, Korea RP, Malaysia, Taiwan, Thailand, and Norway.

The notification follows final findings of the Directorate General of Trade Remedies (DGTR), which confirmed that imports from the subject countries were being dumped into the Indian market at unfairly low prices, resulting in material injury to the domestic industry.

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The newly imposed duties, effective from 13th June 2024 for a period of five years, are structured based on the country of origin, country of export, and producer/exporter combination.

Anti-Dumping Duty Table on PVC Paste Resin Imports

S. No.	Country of Origin	Country of Export	Producer/Exporter	Duty (USD/MT)
1	China PR	Any (including China PR)	Formosa Industries (Ningbo) Co., Ltd.	595
2	China PR	Any (including China PR)	Shenyang Chemical Co., Ltd.	248
3	China PR	Any (including China PR)	Other producers not listed above	707
4	Other than subject countries	China PR	Any producer	707
5	Korea RP	Any (including Korea RP)	Hanwha Solutions Corporation	NIL
6	Korea RP	Any (including Korea RP)	Other producers	89
7	Other than subject countries	Korea RP	Any producer	89
8	Malaysia	Any (including Malaysia)	Any producer (except Kaneka Paste Polymer SDH BHD*)	516
9	Other than subject countries	Malaysia	Any producer	516
10	Taiwan	Any (including Taiwan)	Formosa Plastics Corporation	247
11	Taiwan	Any (including Taiwan)	Other producers	373
12	Other than subject countries	Taiwan	Any producer	373
13	Thailand	Any (including Thailand)	TPC Paste Resin Co., Ltd.	343
14	Thailand	Any (including Thailand)	Other producers	421
15	Other than subject countries	Thailand	Any producer	421
16	Norway	Any (including Norway)	Any producer	495
17	Other than subject countries	Norway	Any producer	495

Note: Imports from Kaneka Paste Polymer SDH BHD, Malaysia, are exempted from anti-dumping duty under an accepted price undertaking.

Exclusions

The following product types are excluded from this anti-dumping duty:

• PVC with K-value below 60K
• PVC Blending Resin
• Co-polymers of PVC Paste Resin
• Battery Separator Resins
• Biovyn™, produced from renewable/bio-based feedstock and certified sustainable

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Duty Duration & Currency

The duties are applicable for five years from 13th June 2024, unless amended or revoked earlier, and must be paid in Indian Rupees, calculated based on the prevailing exchange rate under Section 14 of the Customs Act, 1962.

To Read the full text of the Notification CLICK HERE

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