Anti-dumping duty on Rubber Chemicals – International Trade Law Update #51
On May 26, 2021, DGTR published its final findings recommending levy of anti-dumping duty on import of Rubber Chemicals from China, Korea and USA ranging from USD 489.56/MT to USD 924.47/MT. Rubber Chemicals are widely used in tyre and non-tyre sector of rubber industry.
Interestingly, DGTR had earlier recommended imposition of provisional anti-dumping duty. However, Ministry of Finance rejected the same.
Considering the rejection of provisional anti-dumping duty as well as growing trend of rejections of positive recommendations of DGTR, it will be interesting to watch whether Ministry of Finance will buck the trend this time around.