The Ministry of Finance has imposed an anti-dumping duty on silicone sealants originating from or exported by China PR for a period of five years. This decision follows findings that these products were dumped into India at below normal value, causing injury to the domestic industry. The duty aims to rectify this situation and protect local manufacturers. Specific exclusions apply, particularly for actual users importing certain types of silicone sealants for defined purposes.
MINISTRY OF FINANCE
(Department of Revenue)
New Delhi, the 21st December, 2021
Notification No. 74/2021-Customs (ADD)
G.S.R. 873(E). -Whereas, in the matter of Silicone Sealants excluding silicon sealants used in manufacturing of solar photovoltaic modules, and thermal power applications (hereinafter referred to as the subject goods), falling under Chapter 32 and 35 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs Tariff Act), ori
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FAQ :
The notification imposes an anti-dumping duty on silicone sealants originating in or exported from China PR to protect the domestic industry from injury caused by dumped imports.
The anti-dumping duty will be in effect for a period of five years from the date of publication of the notification.
No, certain silicone sealants are excluded, including those used in the manufacturing of solar photovoltaic modules and thermal power applications. Several other specific types like polyurethane sealants, acrylic sealants, and MS Polymer based sealants are also excluded.
Yes, for some excluded products, such as those used for car/bus windshield pasting or building expansion joints, the exclusion is strictly limited to actual users who must provide declarations and maintain consumption records.
The duty is imposed based on the findings of the designated authority that silicone sealants from China were exported at a price below normal value, constituting dumping, and that this dumping caused material injury to the Indian domestic industry.
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Notification No : 74/2021-Customs (ADD)Published in Custom
Source : https://www.cbic.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2021/cs-add2021/csadd74-2021.pdf