Anti-dumping duty on Methyl Acetoacetate originating in or exported from China PR for a further period of five years

Last updated: 01 June 2021

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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 anti-dumping 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, Extraordinary, Part I, Section 1, had initiated a review in the matter of continuation of anti-dumping duty on imports of Methyl Acetoacetate (hereinafter referred to as the subject goods) falling under Ch

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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 found that imports from China PR continue to be significant, and dumping and injury to the domestic industry are likely to persist if the duty is not continued.

The anti-dumping duty is effective for a period of five years from the date of publication of this notification.

The duty applies to Methyl Acetoacetate, falling under specific tariff items of the Customs Tariff Act, 1975.

Nantong Acetic Acid Chemical Co., Ltd. is mentioned as a producer subject to specific duty rates.

The duty rates are specified in USD per Kg, with different rates for Nantong Acetic Acid Chemical Co., Ltd. (0.277 USD/Kg) and other producers/exports from China PR (0.404 USD/Kg).

Notification No : 31/2021-Customs (ADD)
Source : https://www.cbic.gov.in/resources//htdocs-servicetax/csadd31-2021.pdf

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