DGTR Suggests Anti-Dumping Duty on HFC Blends Imported from China

The Directorate General of Trade Remedies (DGTR) has recommended imposing antidumping duty on imports of hydrofluorocarbon (HFC) blends from China, used in the refrigeration and air conditioning sector, after SRF Ltd alleged injury to the domestic industry.

The recommended duty ranges from $1,553.45 to $2,250.56 per ton, it said in a notification.

“The domestic industry has been suffering losses throughout the injury period. The profitability has been negative throughout the injury period,” the DGTR said.

Industry has also suffered financial losses, cash losses and negative return on capital employed, it added.

In a separate notification, it also extended the existing antidumping duty imposed on the import of axles for trailers from China. The finance ministry had imposed the anti-dumping duty in November 2016.

“Recommends extension of the existing anti-dumping duty on imports of axle for trailer’s, originating in or exported from China,” DGTR said in a notification.

The recommendation was made after conducting a probe into alleges circumvention of the antidumping duty imposed on such imports.

DGTR had received information from the Commissioner of Customs (imports), Nhava Sheva that the duty was being circumvented as the product was being imported in complete or semi knockdown from and then assembled as axles for trailers.

The directorate, in yet another notification, has recommended imposition of duty on caprolactum, used in the nylon industry, imported from Russia, South Korea, the European Union, and Thailand. The recommended duty ranges between $67.79 and $650.82 per tonne. S-ET

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