February 19, 2021

Duties Imposed in India to Attract Domestic MDI Production

Indian ministry says petrochemical, polymer sectors to witness growth

20
Feb ’21

Pic: Shutterstock The increased outlay for healthcare and the fund for vaccination in the budget will boost polymer consumption with requirements of syringes and other polymer based healthcare products, and in general, the requirement of petrochemicals and polymers, required in a range of sectors, will also increase and boost domestic demand with increased government spending.

The roll out of the production-linked incentive (PLI) schemes for key end-use sectors will boost petrochemical consumption in the country, the ministry of chemical and fertilizers said in a press release.

Among the sectors earmarked, seven sectors—including mobile phone manufacturing, auto and components, medical devices, textile products—use significant quantity of petrochemicals. The estimated outlay of ₹1.41 lakh crores augurs well for the petrochemical industry growth, the ministry said.

The massive emphasis on infrastructure spending is expected to result in additional consumption of petrochemicals like polymers and specialty chemicals. Also, Agriculture focused measure like doubling of outlay for micro-irrigation to ₹10,000 crores will further fuel demand for polymer based irrigation products and services.

The synthetic industry has welcomed increase in import duty on raw cotton. This will support farmers to get better remuneration on cotton production and also eliminate cheap imports coming from neighboring countries. As such India is surplus of cotton and rather than exporting cotton.

Industry also welcomes increase in basic customs duty on silk and silk products. Synthetic Industry will be able to substitute silk products silk products by supplying silk like products out of synthetic fibres.

On methylene diphenyl diisocyanate (MDI), duty has been increased from zero to 7.5 per cent. It is used in the production of polyurethanes for many applications, like spandex yarn. The revised custom duty will attract investments in India given the rising demand of polyurethanes and presence of no domestic players.

https://www.fibre2fashion.com/news/textile-news/indian-ministry-says-petrochemical-polymer-sectors-to-witness-growth-272493-newsdetails.htm

February 1, 2021

Anti-dumping Investigation of TDI Imports to India

Case No. ADD (O.I.) 34/2019- Anti-dumping investigation concerning the imports of Toluene Di-Isocyanate from European Union, Saudi Arabia, Chinese Taipei and United Arab Emirates.

MINISTRY OF COMMERCE AND INDUSTRY

(Department of Commerce)

(DIRECTORATE GENERAL OF TRADE REMEDIES)

NOTIFICATION

FINAL FINDINGS

New Delhi, the 28th January, 2021

Case No. ADD (O.I.) 34/2019

Subject : Anti-dumping investigation concerning the imports of Toluene Di-Isocyanate from European Union, Saudi Arabia, Chinese Taipei and United Arab Emirates.

F. No. 6/43/2019-DGTR.—

A. BACKGROUND OF THE CASE

1. M/s Gujarat Narmada Valley Fertilizers & Chemicals Limited (hereinafter referred to as the “Applicant”) filed an application before the Designated Authority in accordance with Customs Tariff Act, 1975 (hereinafter also referred to as the “Act”) as amended from time to time and the Customs Tariff (Identification, Assessment and Collection of Antidumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 (hereinafter also referred to as the “Anti-Dumping Rules” or “Rules”) for initiation of anti-dumping investigation concerning the imports of Toluene Di-Isocyanate (hereinafter also referred to as the “product under consideration” or “PUC” or the “subject goods”) from European Union, Saudi Arabia, Chinese Taipei and United Arab Emirates (hereinafter also referred to as the “subject countries”).

2. The Authority on the basis of prima facie evidence submitted by the Applicant, issued a public notice vide Notification No. 6/43/2019-DGTR dated 31st January, 2020 in the Gazette of India Extraordinary initiating the investigation in accordance with Section 9A of the Act read with Rule 5 of the Rules to determine existence, degree and effect of the alleged dumping of the subject goods originating in or exported from the subject countries and to recommend the amount of anti-dumping duty (ADD), which if levied, would be adequate to remove the alleged injury to the Domestic Industry.

3. The Authority having regard to the Act and the Rules, considered it appropriate to recommend interim duties and issued Preliminary Findings vide Notification No. 6/43/2019-DGTR dated 4th September, 2020, recommending imposition of provisional ADD on the imports of the subject goods, originating in or exported from the subject countries. Accordingly, the Central Government vide Notification No.43/2020-Customs dated 2nd December, 2020 imposed provisional ADD on imports of the Toluene Di-Isocyanate from Chinese Taipei, European Union, Saudi Arabia and United Arab Emirates for a period of 6 months.

https://taxguru.in/custom-duty/anti-dumping-investigation-imports-toluene-di-isocyanate.html

February 1, 2021

Anti-dumping Investigation of TDI Imports to India

Case No. ADD (O.I.) 34/2019- Anti-dumping investigation concerning the imports of Toluene Di-Isocyanate from European Union, Saudi Arabia, Chinese Taipei and United Arab Emirates.

MINISTRY OF COMMERCE AND INDUSTRY

(Department of Commerce)

(DIRECTORATE GENERAL OF TRADE REMEDIES)

NOTIFICATION

FINAL FINDINGS

New Delhi, the 28th January, 2021

Case No. ADD (O.I.) 34/2019

Subject : Anti-dumping investigation concerning the imports of Toluene Di-Isocyanate from European Union, Saudi Arabia, Chinese Taipei and United Arab Emirates.

F. No. 6/43/2019-DGTR.—

A. BACKGROUND OF THE CASE

1. M/s Gujarat Narmada Valley Fertilizers & Chemicals Limited (hereinafter referred to as the “Applicant”) filed an application before the Designated Authority in accordance with Customs Tariff Act, 1975 (hereinafter also referred to as the “Act”) as amended from time to time and the Customs Tariff (Identification, Assessment and Collection of Antidumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 (hereinafter also referred to as the “Anti-Dumping Rules” or “Rules”) for initiation of anti-dumping investigation concerning the imports of Toluene Di-Isocyanate (hereinafter also referred to as the “product under consideration” or “PUC” or the “subject goods”) from European Union, Saudi Arabia, Chinese Taipei and United Arab Emirates (hereinafter also referred to as the “subject countries”).

2. The Authority on the basis of prima facie evidence submitted by the Applicant, issued a public notice vide Notification No. 6/43/2019-DGTR dated 31st January, 2020 in the Gazette of India Extraordinary initiating the investigation in accordance with Section 9A of the Act read with Rule 5 of the Rules to determine existence, degree and effect of the alleged dumping of the subject goods originating in or exported from the subject countries and to recommend the amount of anti-dumping duty (ADD), which if levied, would be adequate to remove the alleged injury to the Domestic Industry.

3. The Authority having regard to the Act and the Rules, considered it appropriate to recommend interim duties and issued Preliminary Findings vide Notification No. 6/43/2019-DGTR dated 4th September, 2020, recommending imposition of provisional ADD on the imports of the subject goods, originating in or exported from the subject countries. Accordingly, the Central Government vide Notification No.43/2020-Customs dated 2nd December, 2020 imposed provisional ADD on imports of the Toluene Di-Isocyanate from Chinese Taipei, European Union, Saudi Arabia and United Arab Emirates for a period of 6 months.

https://taxguru.in/custom-duty/anti-dumping-investigation-imports-toluene-di-isocyanate.html

January 8, 2021

MA Passes FR Act

Bill H.4900 191st (2019 – 2020)

An Act to protect children, families, and firefighters from harmful flame retardants

Bill Information

Sponsor: House Committee on Ways and Means

• Bill History
• Amendments
• Cosponsors
• Committee Vote

Displaying 18 actions for Bill H.4900

https://malegislature.gov/Bills/191/H4900/BillHistory

January 8, 2021

MA Passes FR Act

Bill H.4900 191st (2019 – 2020)

An Act to protect children, families, and firefighters from harmful flame retardants

Bill Information

Sponsor: House Committee on Ways and Means

• Bill History
• Amendments
• Cosponsors
• Committee Vote

Displaying 18 actions for Bill H.4900

https://malegislature.gov/Bills/191/H4900/BillHistory