India has decided to impose Anti-dumping Duty on water Treatment chemicals.
The Ministry
of Finance notified that the decision has been taken after the findings and
suggestions of The Directorate General of Trade Remedies, an investigative branch
of the Ministry of Commerce. The DGTR found that these imports were causing
significant harm to the domestic industry.
The duty has
been imposed on ‘Trichloro isocyanuric acid’ a chemical used for the treatment
of water. The chemical is used as a powerful disinfectant, algaecide, and
bactericide to keep water clean by killing bacteria and algae. It is a most
commonly used chemical, used for maintenance of swimming pools, also used in
some drinking water treatment applications and industrial water treatment.
India has
decided to impose an anti-dumping duty of up to $986 per tonne on the chemical to
shield local industries from the impact of cheaper imports coming in from China
and Japan. This ADD Duty will remain in place for the next five years.
Ministry of
Finance also highlighted that such measures are essential for fair trade
practices and for giving Indian manufacturers a fair chance to compete.
The step
reflects India's commitment to protect its domestic market while adhering to
international trade regulations.
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