Anti-Dumping Duty on Epichlorohydrin Imports | 14 Nov 2024
India recently imposed an Anti-Dumping(AD) duty of up to USD 557 per tonne on Epichlorohydrin imports from China, Korea, and Thailand to protect domestic industries from cheap imports.
- Epichlorohydrin, a colourless liquid with a strong garlic-like odour, is used in producing glycerol, elastomers, adhesives, and as a solvent for resins, paints, and lacquers.
- The Department of Revenue, acting on recommendations from the Directorate General of Trade Remedies (DGTR), imposed a five-year anti-dumping duty on Epichlorohydrin imports.
- AD duties are enforced as a protective measure under the multilateral regime of Geneva-based World Trade Organization (WTO) to ensure fair trade practices.
- The Agreement on Implementation of Article VI of the General Agreement on Tariffs and Trade 1994 (the “AD Agreement”) governs the application of anti-dumping measures by Members of the WTO including India.
- AD measures are unilateral actions taken by a member after investigating and determining that dumped imports harm a domestic industry, in line with the AD Agreement.
- India has previously applied anti-dumping duties on various products to curb low-cost imports from other countries, especially China.
