The Finance Ministry has imposed definitive anti-dumping duty on certain carbon black imports from China and Russia. The anti-dumping duty would be valid for five years. It has been specifically imposed on carbon black used in rubber applications. The latest Revenue Department move follows the recommendation of the Designated Authority in Commerce Ministry in its sunset review investigation of existing anti-dumping duty on import of ‘carbon black used in rubber applications’ from China, Russia and Thailand.
What is Carbon Black?
- Carbon black is also known as acetylene black. It can be divided into two categories. ie rubber and non-rubber applications.
- Carbon black for rubber application is the one that is used in the production/processing of rubber (including tyres), as a reinforcing filler.
In the case of Russia, an anti-dumping duty of $ 36.17 per tonne has been imposed.
For carbon black imports from China, an anti-dumping duty of $ 397.10 per tonne has been imposed on six exporters. For the rest, the anti-dumping duty has been pegged at $ 494 per tonne.