Central government has imposed an anti-dumping duty on Acetone imports from China and Saudi Arabia. The finance ministry has imposed duty on recommendations of the Directorate General of the Anti dumping Duty (DGAD) for five years. The duty ranges between USD 86.10 and USD 271.37 a tonne. In its final findings, the DGAD said the product under consideration has been exported to India below its associated normal value, thus, resulting in dumping of the product.
The DGAD conducted an investigation into dumping, injury and causal links between dumping and injury to the domestic industry on the complaint of Hindustan Organic Chemicals. The application was supported by SI Group India.
The list duty table is mentioned in table below
