INVESTIGATION PROGRESS

Date Status
15 Oct 2014 Initiation

IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 08 Mar 2016 | Removal date: open ended
Still in force

Anti-dumping

On 15 October 2014, the Indian Directorate General of anti-dumping & allied duties, Ministry of Commerce and Industry, initiated an anti-dumping investigation on imports of phenol from the European Union, Singapore and South Korea.
The product subject to investigation is classified under the following HS code: 2907.1110.
This follows the application lodged by M/s Hindustan Organic Chemicals Ltd. and SI Group-India-Ltd., the only two domestic producers of the subject good.
According to the UN Comtrade Database, in 2013 the following EU member states exported goods classified under HS code subheading 2907.11 to India with a trade value over the GTA threshold of USD 1 million: the Netherlands (USD 8.32 million), Belgium (USD 3.39 million) and Spain (USD 2.84 million).
 
On 12 January 2016, the Indian Directorate General of anti-dumping & allied duties, Ministry of Commerce, issued its final findings and recommended the imposition of a definitive anti-dumping duty on imports of Phenol originating in or exported from the European Union, Singapore and the Republic of Korea.
On 8 March 2016, the Indian Ministry of Finance issued the Customs Notification imposing this definitive anti-dumping duty (Notification No. 6/2016-Customs (ADD), 08.03.2016). The amount of the duty imposed on imports originating in or exported from the Republic of Korea is USD 77.19 per metric ton. The amount of the duty imposed on imports originating in or exported from Singapore is USD 219.58 per metric ton. The amount of the duty imposed on imports originating in or exported from the European Union is USD 253.06 per metric ton. This definitive duty is effective for a period of five years.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

341 Basic organic chemicals
2907 Phenols; phenolalcohols.
290711 Phenol (hydroxybenzene) and its salts

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