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India starts antidumping probe on chemical from Brazil

India starts antidumping probe on chemical from Brazil

MUMBAI: has initiated probe into alleged of a used in and industry from Brazil, and following a complaint from a 

The commerce ministry’s investigation arm – of Antidumping and Allied Duties (DGAD) – has stated that it has found sufficient evidence of of ‘non-plasticised industrial grade nitrocellulose excluding nitrocellulose damped in Ethanol and waterwet’ from these three countries.

In the probe, the directorate would determine the existence, degree and effect of any alleged 

If established that has caused material injury to domestic players, the DGAD would recommend imposition of anti-duty on the imports of the from these nations.

The product is a flammable compound and it is used in the manufacture of wood lacquers, auto refinish paints, finishing lacquers, nail varnishes and 

Nitrex Chemicals Ltd has filed an application for initiation of the probe and imposition of the duty.

The period of investigation covers April 2016 September 2017 (18 months). However, for the purpose of injury investigation, the period will also cover the data of 2013-16.

Anti-duties are levied to provide a level playing field to local industry by guarding against cheap below-cost imports.