India Imposes Anti-Dumping Duty On Import Of Phosphorus Pentoxide From China
India Imposes Anti-Dumping Duty On Import Of Phosphorus Pentoxide From ChinaThis September 21, 2017 photo shows a container being loaded onto a ship at the Vizag Terminal, operated by Essar Ports, India. (INDRANIL MUKHERJEE/AFP/Getty Images)

India has slapped anti-dumping duty on import of chemical Phosphorus Pentoxide from China to protect the domestic manufacturers, Hindustan Times reports.

According to the daily, the Central Board of Excise and Customs (CBEC) has imposed an anti-dumping duty of $1,685.42 per metric tonne on import of the chemical. The duty will remain in place for a period of five years.

Chemical Phosphorus Pentoxide is used as a desiccant and dehydrating agent. It is an important raw material for the chemical industry.

A probe was carried out by Directorate General of Anti-Dumping and Allied Duties (DGAD) after a complaint from Sandhya Dyes & Chemicals to determine the “existence, degree and effect” of the alleged dumping.

In its probe, the DGAD concluded that the import was damaging the domestic chemical industry as it was being exported to India below the normal value.

India had imposed anti-dumping duty on as many as 98 products, including chemicals, imported from China in December last year.

An Appeal...

Dear Reader,

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Become A Patron
Become A Subscriber