<p>India has slapped anti-dumping duties on import of a refrigerant from China saying it hurt domestic producers, according to a recent notice from the Revenue Department.<br /><br /></p>.<p>The government imposed an anti-dumping duty of USD 1.22 per kilogram on import of '1,1,1,2 - Tetrafluoroethane' or 'R-134a' from China for a period of five years till July 10, 2021, said a notification by the Revenue Department.<br /><br />The department's notice is to be published in the Federal Register on Friday.<br />India had first imposed anti-dumping duty on the compound commonly used in home refrigerators and automotive air conditioning in July 2011.<br /><br />An investigation by the Directorate General of Anti- Dumping And Allied Duties (DGAD) found that "there is continued dumping of the subject goods from the subject country".<br /><br />Anti-Dumping duty is usually imposed on imports that are sold 'below-cost' by foreign manufacturers and is aimed at safeguarding domestic players against 'unfair' competition.<br /><br />Imports from China were significantly undercutting the prices of the domestic industry and depressing the domestic prices, DGAD concluded.<br /><br />Also, the financial performance of the domestic industry has deteriorated and the dumped imports from China continue to cause injury to the domestic industry.<br /><br />DGAD was of the opinion that dumping of produce from China is likely to continue if the current anti-dumping duty ceases. It recommended continued imposition of the anti- dumping duty.<br /><br />Basing its case on the DGAD findings, the Revenue Department imposed fresh anti-dumping duty which it said will be "effective for a period of five years (unless revoked, superseded or amended earlier)."</p>
<p>India has slapped anti-dumping duties on import of a refrigerant from China saying it hurt domestic producers, according to a recent notice from the Revenue Department.<br /><br /></p>.<p>The government imposed an anti-dumping duty of USD 1.22 per kilogram on import of '1,1,1,2 - Tetrafluoroethane' or 'R-134a' from China for a period of five years till July 10, 2021, said a notification by the Revenue Department.<br /><br />The department's notice is to be published in the Federal Register on Friday.<br />India had first imposed anti-dumping duty on the compound commonly used in home refrigerators and automotive air conditioning in July 2011.<br /><br />An investigation by the Directorate General of Anti- Dumping And Allied Duties (DGAD) found that "there is continued dumping of the subject goods from the subject country".<br /><br />Anti-Dumping duty is usually imposed on imports that are sold 'below-cost' by foreign manufacturers and is aimed at safeguarding domestic players against 'unfair' competition.<br /><br />Imports from China were significantly undercutting the prices of the domestic industry and depressing the domestic prices, DGAD concluded.<br /><br />Also, the financial performance of the domestic industry has deteriorated and the dumped imports from China continue to cause injury to the domestic industry.<br /><br />DGAD was of the opinion that dumping of produce from China is likely to continue if the current anti-dumping duty ceases. It recommended continued imposition of the anti- dumping duty.<br /><br />Basing its case on the DGAD findings, the Revenue Department imposed fresh anti-dumping duty which it said will be "effective for a period of five years (unless revoked, superseded or amended earlier)."</p>