The Indian government has decided to continue the anti-dumping duty on Methyl Acetoacetate originating from or exported by China PR. This decision follows a review by the designated authority, which found that dumping and injury to the domestic industry are likely to continue if the duty is removed. The duty will remain in effect for five years from the date of this notification.
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
Notification No. 31/2021-Customs (ADD)
New Delhi, the 29thMay, 2021
G.S.R. 350(E). Whereas, the designated authority,videnotification No. 7/40/2020-DGTR, dated the 30thSeptember, 2020, published in the Gazette of India, Extra
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FAQ :
This notification imposes an anti-dumping duty on Methyl Acetoacetate originating in or exported from China PR for a further period of five years.
The designated authority concluded that imports from China continue to be significant, and dumping and injury to the domestic industry are likely to occur if the current anti-dumping duty is not continued.
The anti-dumping duty is extended for a period of five years from the date of publication of this notification, unless revoked, superseded, or amended earlier.
The duty rates vary. For Nantong Acetic Acid Chemical Co., Ltd., the duty is USD 0.277 per Kg. For any other producer than the one at Sl. No. 1, the duty is USD 0.404 per Kg.
Yes, an anti-dumping duty of USD 0.404 per Kg applies to Methyl Acetoacetate originating from China PR but exported from any country other than China PR.
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Notification No : 31/2021-Customs (ADD)Published in Custom
Source : https://www.cbic.gov.in/resources//htdocs-servicetax/csadd31-2021.pdf