Key Highlights
- Five Chinese commodities – soft ferrite cores, vacuum‑insulated flasks, aluminium foil, trichloro‑isocyanuric acid, and PVC paste resin – are now subject to anti‑dumping duties in India.
- Duty rates vary: up to 35% of CIF value for ferrite cores, fixed dollar amounts per tonne for the other items, and a provisional six‑month levy on aluminium foil.
- The measures, recommended by the Directorate General of Trade Remedies, will remain in force for up to five years.
- Objectives include shielding domestic producers, correcting price distortion caused by below‑cost imports, and adhering to WTO obligations.
Detailed Insights
The Ministry of Commerce, through its Directorate General of Trade Remedies (DGTR), concluded that Chinese exporters were selling the five listed products in the Indian market at prices lower than their normal value. Such pricing, identified as dumping, threatens the viability of Indian manufacturers, especially in sectors like electric‑vehicle components, telecommunications, water‑treatment chemicals, and polymer manufacturing.
Specific duty structures are as follows: soft ferrite cores attract an ad‑valorem rate of up to 35% on the cost‑insurance‑freight (CIF) basis; vacuum‑insulated flasks are levied at USD 1,732 per metric tonne; aluminium foil faces a provisional duty of up to USD 873 per tonne for six months; trichloro‑isocyanuric acid is charged between USD 276 and USD 986 per tonne (applicable to imports from China and Japan); and PVC paste resin carries a duty ranging from USD 89 to USD 707 per tonne, covering a broader list of source countries.
All duties, except the temporary aluminium‑foil levy, will be active for a five‑year period, after which a review may be undertaken. The intervention aligns with World Trade Organization (WTO) rules that permit anti‑dumping actions when imports are priced below fair market value and cause material injury to the domestic industry.