Dumping duty imposed on carbon black imports from China, Russia

The Finance Ministry has imposed definitive anti-dumping duty on certain carbon black imports from China and Russia.

Time period : Five years

• Russia  : $ 36.17 per tonne has been imposed.
• China : $ 397.10 per tonne has been imposed on six exporters

Highlights:

Revenue Department move follows the recommendation of the Designated Authority in Commerce Ministry in its sunset review investigation of existing anti-dumping duty on import of ‘carbon black used in rubber applications’ from China, Russia and Thailand.

• In the case of Thailand, the Revenue Department has now revoked the existing anti-dumping duty, following the recommendation of the Authority in view of the negative injury margin.
• Philips Carbon Black Ltd and Hi-Tech Carbon known as SKI Carbon Black (India) Pvt Ltd had filed the petition seeking sunset review investigation.