Indian government is likely to impose anti dumping duties on imports from five countries including Singapore, European Union and the US. The move is aimed at protecting the domestic industry from cheap in-bound shipments of "Normal Butanol or N-Butyl Alcohol" from these countries.
The Directorate General of Anti-dumping and Allied Duties (DGAD) in its investigation has said that the export price of the chemical exported from European Union (EU), Malaysia, Singapore, South Africa and the US are below normal value, "thus establishing dumping" of the product. The authority considers it necessary to recommend imposition of antidumping duty on imports of (the) goods from the subject countries," the DGAD said in a notification. The restrictive duty recommended was in the range of $13.24 per tonne to $149.31 per tonne. India has already imposed an anti-dumping duty on several products, to tackle cheap imports from countries, including China.
