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Key Points

The Indian government has strategically imposed anti-dumping duties on chemical imports from multiple countries to shield domestic manufacturers. These duties specifically target Vitamin-A Palmitate and insoluble sulphur, crucial compounds used in pharmaceuticals, food, cosmetics, and rubber industries. The move comes after a detailed investigation revealing price disparities and potential material injury to local producers. By implementing these tariffs, India aims to create a more level playing field for its manufacturing sectors and discourage unfair international trade practices.

Key Points: India Blocks China Japan EU Imports with Anti-Dumping Duties

  • India targets low-priced chemical imports from multiple countries
  • Duties range from $0.87 to $358 per unit
  • Protective measure for domestic pharmaceutical and rubber sectors
  • Targets imports from China, Japan, Switzerland, and EU
2 min read

Govt imposes anti-dumping duties on vitamin A, rubber chemical imports from China, Japan, EU

India imposes targeted anti-dumping duties on Vitamin-A Palmitate and insoluble sulphur to protect domestic manufacturing sectors

"The move aims to prevent unfair trade practices and protect local industries - Ministry of Finance Notification"

New Delhi, June 7

The Union government has imposed anti-dumping duties on imports of Vitamin-A Palmitate and insoluble sulphur -- a crucial rubber additive -- on China, Japan, Switzerland, and the European Union (EU).

The Ministry of Finance, in a notification on June 6, issued the anti-dumping duties for a period of five years unless it is cancelled or revised.

It aims to protect domestic manufacturers from low-priced imports that affect the local industry.

The move follows an investigation by the Directorate General of Trade Remedies (DGTR) which revealed that the price of Vitamin-A Palmitate imported by these countries was lower than the normal value.

The DGTR also noted “material injury” to domestic producers of Vitamin-A Palmitate due to large-scale dumping from China, the EU, and Switzerland.

The compound, commonly used in small quantities, remains heavily import-dependent in India.

While Vitamin-A Palmitate is used in pharmaceuticals, food, and cosmetics, insoluble sulphur plays a key role in the rubber industry, majorly in tyre manufacturing.

The anti-dumping duties, effective immediately must be paid in Indian rupees based on the exchange rate. It is expected to prevent unfair trade practices and protect local industries.

According to the notification, the duties for Vitamin-A Palmitate, range from $0.87 to $20.87 per kg; The highest duty has been imposed on Chinese exporters other than Shangyu NHU BioChem, which will face a lower rate of $14.95/kg. Swiss producer DSM Nutritional Products will attract a duty of $0.87/kg, while other Swiss exporters will face $8.2/kg. A flat rate of $11.09/kg will apply to imports from the EU, the notification stated.

Further, depending on the exporter, the duties on insoluble sulphur will range from $259 to $358 per metric tonne.

Chinese imports will face a flat duty of $307/MT. Among Japanese companies, Shikoku Chemicals will be charged $259/MT, while all other Japanese exporters will face the maximum rate of $358/MT, the notification said.

- IANS

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Reader Comments

R
Rajesh K.
Finally some strong action to protect our industries! China has been dumping cheap products in our market for too long. This will help Indian manufacturers compete fairly. 🇮🇳 Hope the government takes similar steps for other sectors too.
P
Priya M.
Good move but will this increase medicine prices? Vitamin A is used in many essential drugs. Government should ensure domestic production capacity is increased simultaneously. Make in India shouldn't mean more expensive medicines for common people.
A
Amit S.
The tyre industry will be watching this closely. Insoluble sulphur is crucial for rubber products. Hope Indian chemical companies step up their game now with better quality and competitive pricing. Jai Hind!
S
Sunita R.
Why different rates for different countries? China gets highest duty (rightly so) but why is Switzerland getting such low duty ($0.87/kg)? Seems inconsistent. Our trade policies should be more uniform.
V
Vikram J.
This is a strategic move beyond economics. Reducing dependence on China for critical chemicals is important for national security too. Hope we see more such policies across sectors. Atmanirbhar Bharat zindabad!
N
Neha P.
As someone working in pharma sector, I welcome this decision. But government must monitor that Indian companies don't take advantage by suddenly increasing prices. Quality standards should also be maintained strictly.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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