India to impose anti-dumping on import of phosphoric acid | SupportBiz

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India to impose anti-dumping on import of phosphoric acid

 

An anti-dumping duty on phosphoric acid imports from Israel and Taiwan is likely to be imposed by India.  A duty of USD194.05  per tonne maybe imposed, to protect domestic manufactures of phosphoric acid against competition from cheap imports.

The Directorate General of Anti-Dumping and Allied Duties (DGAD) has recommended the anti-dumping duty, according to a notification from the Commerce Ministry on Feb 2, 2012, reported The Economic Times.

Phosphoric acid is used in sugar juice clarification, seed processing, sugar refining, and food phosphate manufacturing.

Gujarat Alkalis & Chemical , India’s leading producer of phosphoric acid, filed a petition for the anti-dumping duty, citing material damage to the industry due to cheap imports from other countries.

The chemical has been imported from Israel and Taiwan below the normal value, which has affected the local manufacturers of the chemical. 

India has been imposing anti-dumping duties on other imports including tyre cord, yarn, fabric and several other chemicals.