DGTR for anti-dumping duty on PVC paste resin from China, 5 others

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DGTR for anti-dumping duty on PVC paste resin from China, 5 others - Business Standard

Quick Summary:

The commerce ministry has recommended imposition of an anti-dumping duty of up to USD 707 per tonne on imports of PVC paste resin, used to make artificial leather and other technical textiles' products, from six countries, including China, for five years, with an aim to guard domestic producers.

In its findings, the Directorate General of Trade Remedies (DGTR), a wing of the ministry, has concluded that 'Poly Vinyl Chloride Paste Resin' has been exported to India at a price below the normal value from certain players of the six nations -- China, Korea, Malaysia, Norway, Taiwan, and Thailand.

The notification of the directorate said imports from these countries have caused material injury to the domestic industry.