Govt imposes Anti Dumping Duty on Pentaerythritol from China PR, Saudi Arabia and Taiwan [Read Notification]
This material injury has been caused by the dumped imports from the subject countries
![Govt imposes Anti Dumping Duty on Pentaerythritol from China PR, Saudi Arabia and Taiwan [Read Notification] Govt imposes Anti Dumping Duty on Pentaerythritol from China PR, Saudi Arabia and Taiwan [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/05/Central-Government-Pentaerythritol-Anti-dumping-duty-China-Saudi-Taiwan-DGTR-TAXSCAN.jpg)
The Central Government has imposed an Anti Dumping Duty on Pentaerythritol originating in or exported from China PR, Saudi Arabia and Taiwan to India for 5 years. As detailed in notification F. No. 06/04/2023-DGTR dated February 20, 2024, and published in the Gazette of India, Extraordinary, Part I, Section 1 on the same date, the authority has concluded that:
- The subject goods have been exported to India at prices below their normal value, resulting in dumping.
- The domestic industry has suffered material injury.
- This material injury has been caused by the dumped imports from the subject countries.
Consequently, the authority has recommended the imposition of an anti-dumping duty on imports of Pentaerythritol from the subject countries to mitigate the injury to the domestic industry.
The anti-dumping duty, specified in the table below, :
S. No. | Tariff item | Description of goods | Country of origin | Country of export | Producer /exporter | Amount | Unit of measurement | Currency |
1 | 2905 42 90 | Pentaerythritol | China PR | Any country including China PR | Any | 345.15 | MT | USD |
2 | 2905 42 90 | Pentaerythritol | Any country other than China PR | China PR | Any | 345.15 | MT | USD |
3 | 2905 42 90 | Pentaerythritol | Saudi Arabia | Any country other than Saudi Arabia | Any | 300.15 | MT | USD |
4 | 2905 42 90 | Pentaerythritol | Any country other than Saudi Arabia | Saudi Arabia | Any | 300.15 | MT | USD |
5 | 2905 42 90 | Pentaerythritol | Taiwan | Any country including Taiwan | Any | 499.01 | MT | USD |
6 | 2905 42 90 | Pentaerythritol | Any country including Taiwan | Taiwan | Any | 499.01 | MT | USD |
This anti-dumping duty will be enforced for five years from the date of publication of this notification in the Official Gazette, unless revoked, superseded, or amended earlier. The duty will be payable in Indian currency.
To Read the full text of the Notification CLICK HERE
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