To protect domestic companies from unjustly priced imports from the neighboring country, india has so far this month levied anti-dumping duties on four Chinese chemicals. The following substances were subject to these duties: vitamin a palmitate, acetonitrile (used in the pharmaceutical industry), PEDA (used in herbicides), and insoluble sulfur.
The Department of Revenue's Central Board of Indirect Taxes and Customs stated in separate notices that the duty will be applied on imports of certain substances for five years.
Why are anti-dumping duties imposed?
The duties were enforced in response to suggestions made by the commerce ministry's Directorate General of Trade Remedies (DGTR).
Acetonitrile imported from china, Russia, and taiwan is subject to a charge of up to $481 per tonne, while the duty on PEDA will range from $1,305.6 to $2017.9 per tonne.
Similarly, the government has taxed imports of vitamin a Palmitate from china, the european union, and switzerland up to $20.87 per kilogramme, and imports of insoluble sulfur, which is used in the tire industry, from china and japan up to $358 per tonne.
Countries carry out anti-dumping investigations to find out if a spike in low-cost imports has harmed indigenous industry. They respond by enforcing these obligations under the global framework of the World Trade Organization (WTO), which is headquartered in Geneva. china and india both belong to the multilateral organizations that deal with international trade standards.
What does this duty aim for?
Fair trade practices and leveling the playing field for home manufacturers in comparison to international producers and exporters are the goals of the duty.
India's trade deficit with china increased to $99.2 billion in 2024–2025, prompting the country to take action to increase domestic production and reduce imports from China.
India's exports to china decreased 14.5% to $14.25 billion in the most recent fiscal year, compared to $16.66 billion in 2023–2024. However, compared to $101.73 billion in 2023–2024, imports increased by 11.52 percent to $113.45 billion in 2024–2025.
The Department of Revenue's Central Board of Indirect Taxes and Customs stated in separate notices that the duty will be applied on imports of certain substances for five years.
Why are anti-dumping duties imposed?
The duties were enforced in response to suggestions made by the commerce ministry's Directorate General of Trade Remedies (DGTR).
Acetonitrile imported from china, Russia, and taiwan is subject to a charge of up to $481 per tonne, while the duty on PEDA will range from $1,305.6 to $2017.9 per tonne.
Similarly, the government has taxed imports of vitamin a Palmitate from china, the european union, and switzerland up to $20.87 per kilogramme, and imports of insoluble sulfur, which is used in the tire industry, from china and japan up to $358 per tonne.
Countries carry out anti-dumping investigations to find out if a spike in low-cost imports has harmed indigenous industry. They respond by enforcing these obligations under the global framework of the World Trade Organization (WTO), which is headquartered in Geneva. china and india both belong to the multilateral organizations that deal with international trade standards.
What does this duty aim for?
Fair trade practices and leveling the playing field for home manufacturers in comparison to international producers and exporters are the goals of the duty.
India's trade deficit with china increased to $99.2 billion in 2024–2025, prompting the country to take action to increase domestic production and reduce imports from China.
India's exports to china decreased 14.5% to $14.25 billion in the most recent fiscal year, compared to $16.66 billion in 2023–2024. However, compared to $101.73 billion in 2023–2024, imports increased by 11.52 percent to $113.45 billion in 2024–2025.
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