Revenue Department has slapped anti-dumping duty of up to USD 168.76 per tonne on import of a chemical used in textile industry from five countries, including China, Iran, Indonesia, Malaysia and Taiwan, to protect domestic manufacturers. The import restrictive tax has been imposed for five years by the Revenue Department on recommendations of the Directorate General of Anti-Dumping and Allied Duties (DGAD).

• The imports of the chemical from the five will attract anti-dumping duty in the range of USD 83.08 per tonne to USD 168.76 per tonne.

• The DGAD, after an investigation, had found that the chemical ‘Purified Terephthalic Acid’ was being exported to India from the five countries below its normal value. Thus the chemical was being dumped into India.
• Anti-dumping measures are taken to ensure fair trade and provide a level-playing field to the domestic industry. They are not a measure to restrict imports or cause an unjustified increase in cost of products.
• MCC PTA India Corp and Reliance Industries Ltd (RIL) had jointly filed an application seeking anti-dumping investigations