|14 Apr 2015||Definitive duty|
|23 Jul 2013||Initiation|
ANNOUNCED AS TEMPORARYNo
On July 23rd, 2013, the Indian Directorate General of anti-dumping & allied duties, Ministry of Commerce, initiated an anti-dumping investigation on imports of acetone from Chinese Taipei and Saudi Arabia.
The product subject to investigation is classified under the following HS code: 2914.1100.
This follows the application lodged by M/s. Hindustan Organic Chemicals Limited on behalf of the domestic industry and supported by M/S SI Group India Ltd.
On July 23rd, 2014, the Indian authorities extended the time for completing the investigation up to January 22nd, 2015.
On January 22nd, 2015, the Indian Directorate General of anti-dumping & allied duties, Ministry of Commerce and Industry, issued its final findings and recommended the imposition of a definitive anti-dumping duty on imports of acetone originating in Chinese Taipei and Saudi Arabia.
On April 16th, 2015, the Indian Ministry of Finance issued the Customs Notification imposing this definitive anti-dumping duty (Notification No. 13/2015-Customs (ADD), 16.04.2015). The amount of the duty imposed on imports originating in Chinese Taipei is USD 271.37 per metric ton, at the exception of the companies Formosa Chemicals and Fibre Corporation and Taiwan Prosperity Chemicals Corporation whose exports are subject to a duty of USD 86.10 and 205.05 per metric ton respectively. The amount of the duty imposed on imports originating in Saudi Arabia is USD 203.85 per metric ton, at the exception of the company Saudi Kayan Petrochemical Company whose exports are subject to a duty of USD 132.98 per metric ton. This definitive duty is effective for a period of five years.
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